Hearth and Home Furniture Company (HHC) manufactures furniture. HHC uses a job order cost system. Balances on June 1 from the materials ledger are as follows:

Fabric ...........$ 32,400

Polyester filling ........ 7,300

Lumber .......... 106,900

Glue ............ 1,500

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

Fabric ............$547,300

Polyester filling ........ 103,600

Lumber .......... 968,100

Glue ........... 13,200

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 June.
b. Journalize the entry to record the requisition of materials in June.
c. Determine the June 30 balances that would be shown in the materials ledgeraccounts.

Transcribed Image Text:

Polyester Filling $352,100 $62,300 $609,200 14,200 10,200 Fabric Lumber Glue Total Job 11 Job 12 Job 13 Factory overhead-indirect 1,023,600 337,900 256,100 123,400 64,200 200,300 181,700 materials Total $13,500 13,500 $539,700 $86,700 991,200 13,500 $1,631,100