On August 4, Rothchild Company purchased on account 12,000 units of raw materials at $14 per unit. During August, raw materials were requisitioned for production as follows: 5,000 units for Jo 40 at $8 per unit and 6,200 units for Job 42 at $14 per Journalize the entry on August 31 to record the requisition from the materials storeroom unit.

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 1BE: Issuance of materials On May 7, Bergan Company purchased on account 10,000 units of raw materials at...
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On August 4, Rothchild Company purchased on account 12,000 units of raw materials at $14 per unit. During August, raw materials
were requisitioned for production as follows: 5,000 units for Jo 40 at $8 per unit and 6,200 units for Job 42 at $14 per
Journalize the entry on August 31 to record the requisition from the materials storeroom
unit.
Transcribed Image Text:On August 4, Rothchild Company purchased on account 12,000 units of raw materials at $14 per unit. During August, raw materials were requisitioned for production as follows: 5,000 units for Jo 40 at $8 per unit and 6,200 units for Job 42 at $14 per Journalize the entry on August 31 to record the requisition from the materials storeroom unit.
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