Jse the data in Exhibit $14\mathrm{.}5.$ On October $7,$ Schmidt Machinery Company purchased $724$ pounds of PVC at $$45$ per pound. On October

Schmidt's production department used $724$ pounds of PVC for the $784$ units of xV$-1$ it manufactured. Standard Cost Sheet, Product XV$-11$

$2$

Record the purchase of PVC$.$

Note: Enter debits before credits.

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$\backslash$hline Date & General Journal & Debit & Credit $\backslash \backslash$

$\backslash$hline October $07$ & & & $\backslash \backslash$

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$2$

Record the usage of PVC$.$

Note: Enter debits before credits.

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$\backslash$hline Date & General Journal & Debit & Credit $\backslash \backslash$

$\backslash$hline October $09$ & & & $\backslash \backslash$

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