European Designs Company manufactures furniture. European Designs uses a job order cost system. Balances on May 1 from the materials ledger are as follows:
Fabric ........... $ 56,000
Polyester filling ....... 16,800
Lumber ........... 125,300
Glue ............. 5,460
The materials purchased during May are summarized from the receiving reports as follows:
Fabric ............ $ 282,240
Polyester filling ........ 392,000
Lumber .......... 770,000
Glue ........... 27,300
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 May.
b. Journalize the entry to record the requisition of materials in May.
c. Determine the May 31 balances that would be shown in the materials ledgeraccounts.

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Polyester Filling $106,400 134,400 358,400 81,750 21,000 312,500 Fabric Total 599,200 515,250 349,300 Lumber Glue Job 91 Job 92 Job 93 Factory overhead-indirect 75,600 98,700 175,000 materials Total 29,000 263,750 354,100 $845,900 $29,000 1,492,750 $29,000