On November 7, Taylor Company purchased 24,000 units of raw materials at $10 per unit. On November 11, raw materials were requisitioned for production as follows: 1,600 units for Job 80 at $8 per unit and 1,250 units for Job 82 at $10 per unit. Journalize the entry on November 7 to record the purchase and on November 11 to record the requisition from the materials storeroom.