**Materials Issued**The table below details the materials issued, with their corresponding requisition numbers, job numbers, and amounts:| Requisition No. | Material | Job No. | Amount ||-----------------|-----------|---------|---------|| 201 | Aluminum | 500 | $976,000|| 202 | Plastic | 503 | 379,400 || 203 | Rubber | 504 | 187,700 || 204 | Glue | Indirect| 170,000 || 205 | Steel | 510 | 619,000 |**Instruction:**Journalize the entry to record the issuance of materials.

The journal entries are prepared to record the transactions on regular basis. The direct costs are…

Materials issued are as follows: Requisition No. 201 202 203 204 205 Material Aluminum Plastic Rubber Glue Steel Job No. 500 503 504 Indirect 510 Journalize the entry to record the issuance of materials. Amount $976,000 379,400 187,700 170,000 619.000

Materials issued are as follows: Requisition No. 201 202 203 204 205 Material Aluminum Plastic Rubber Glue Steel Job No. 500 503 504 Indirect 510 Journalize the entry to record the issuance of materials. Amount $976,000 379,400 187,700 170,000 619.000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

**Materials Issued**

The table below details the materials issued, with their corresponding requisition numbers, job numbers, and amounts:

| Requisition No. | Material | Job No. | Amount |
|-----------------|-----------|---------|---------|
| 201 | Aluminum | 500 | $976,000|
| 202 | Plastic | 503 | 379,400 |
| 203 | Rubber | 504 | 187,700 |
| 204 | Glue | Indirect| 170,000 |
| 205 | Steel | 510 | 619,000 |

**Instruction:**
Journalize the entry to record the issuance of materials.

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