Chapter 10, Problem 10.10E

Amounts for materials
Big Timber Furniture Company manufactures furniture. Big Timber Furniture uses a job order cost system. Balances on June 1 from the materials ledger are as follows:

The materials purchased during June are summarized from the receiving reports as follows:

Materials were requisitioned to individual jobs as follows:

The glue is not a significant cost, so it is treated as indirect materials (factory overhead).

a.Determine the total purchase of materials in June.
b.Determine the amounts of materials transferred to Work in Process and Factory Overhead during June.
c.Determine the June 30 balances that would be shown in the materials ledger accounts.