Entry for Issuing Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 103 Plastic 400 $29,720 104 Steel 402 38,870 105 Glue Indirect 2,130 106 Rubber 403 3,420 107 Titanium 404 89,450 Journalize the entry to record the issuance of materials. For a compound transaction, if an amount box does not require an entry, leave it blank. Work in Process v Factory Overhead Materials v Feedhach "Check My Work Increase the work in process for direct materials and factory overhead and decrease materials.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Entry for Issuing Materials
Materials issued for the current month are as follows:
Requisition No.
Material Job No.
Amount
103
Plastic
400
$29,720
104
Steel
402
38,870
105
Glue
Indirect
2,130
106
Rubber
403
3,420
107
Titanium
404
89,450
Journalize the entry to record the issuance of materials.
For a compound transaction, if an amount box does not require an entry, leave it blank.
Work in Process v
Factory Overhead v
Materials v
Feedback
Check My Work
Increase the work in process for direct materials and factory overhead and decrease materials.
Transcribed Image Text:Entry for Issuing Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 103 Plastic 400 $29,720 104 Steel 402 38,870 105 Glue Indirect 2,130 106 Rubber 403 3,420 107 Titanium 404 89,450 Journalize the entry to record the issuance of materials. For a compound transaction, if an amount box does not require an entry, leave it blank. Work in Process v Factory Overhead v Materials v Feedback Check My Work Increase the work in process for direct materials and factory overhead and decrease materials.
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