Question: Blanches Boxes makes cardboard shipping cartons in a single operation. This period, Blanche purchased $ 62,000 in raw materials. Its production department requisitioned $ 50,000

Blanche’s Boxes makes cardboard shipping cartons in a single operation. This period, Blanche purchased $ 62,000 in raw materials. Its production department requisitioned $ 50,000 of those materials for use in producing cartons.
Prepare journal entries to record its
(1) Purchase of raw materials
(2) Requisition of direct materials.

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