Entry for Issuing Materials Materials issued are as follows: Requisition No. Material Job No. Amount 201 Aluminum 500 $89,380   202 Plastic 503 25,330   203 Rubber 504 3,950   204 Glue Indirect 2,400   205 Steel 510 36,960   Journalize the entry to record the issuance of materials. If an amount box does not require an entry, leave it blank. Work in Process Materials Finished Goods  Factory Overhead Cash

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter2: Job Order Costing
Section: Chapter Questions
Problem 3E: Cost of materials issuances under the FIFO method An incomplete subsidiary ledger of materials...
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Entry for Issuing Materials

Materials issued are as follows:

Requisition No. Material Job No. Amount
201 Aluminum 500 $89,380  
202 Plastic 503 25,330  
203 Rubber 504 3,950  
204 Glue Indirect 2,400  
205 Steel 510 36,960  

Journalize the entry to record the issuance of materials.

If an amount box does not require an entry, leave it blank.

Work in Process

Materials

Finished Goods 

Factory Overhead

Cash

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