Group A Problem 26-1A Objective: To account for materials in a job order cost accounting syste January 20xx bjective 2 materials in ce, Raw ntory $23,200 Rawson Company shows the following transactions relating to its raw mat 20xX 12 Returned $600 of Material A and $1,700 of Marerial B, receiving credit. 22 Issued direct materials to production: Material A, $2,500; Material B Jan. 7 Purchased $18,500 of Material A and $46, 100 of Material B $44,700. 29 Issued $9,100 of Material A to production as indirect materials. Directions: 1. Enter a balance of $17.200 in the Raw Materials Inventory account (108) balances on materials ledger records as follows: Material A, $11,400; Material $5,800. B, 2. Journalize each of the January transactions. 3. Post to the Raw Materials Inventory account and the materials ledger records. 4. Compare the ending balance of the Raw Materials Inventory account with the toral of the ending balances of the materials ledger records. counting for Decision Making and Manufacturing Operations