Combes Furniture Company manufactures furniture. Combes uses a job order cost system. Balances on November 1 from the materials ledger are as follows:

Fabric ..... $ 33,500

Polyester filling .. 8,100

Lumber .... 107,400

Glue ....... 1,600

The materials purchased during November are summarized from the receiving reports as follows:

Fabric ...... $549,900

Polyester filling . 104,200

Lumber ..... 969,500

Glue ...... 14,200

Materials were requisitioned to individual jobs as follows:

The glue is not a significant cost, so it is treated as indirect materials (factory overhead).
a. Journalize the entry to record the purchase of materials in November.
b. Journalize the entry to record the requisition of materials in November.
c. Determine the November 30 balances that would be shown in the materials ledgeraccounts.

Transcribed Image Text:

Polvester Fabric Filling Lb Glue Total Job 11 Job 12 Job 13 Factory overhead-indirect $362,200 $64,500 $611,300 121,700 13,900 98,600 67,800 10,300 182,400 $1,038,000 334,200 260,500 materials Total 11,700 $551,700 $88,700 $992,300 11,700 $1,644,400 $11,700