191A 100s winpaa cises PE 79-5 Issuance of materials 083.2 On April 6, $12 per u

Question

191A

100s winpaa cises PE 79-5 Issuance of materials 083.2 On April 6, $12 per unit. On April 21, raw materials were requisitioned for production as follows 25,000 units for Job 50 at $10 per unit and 27,000 units for Job 51 at $12 per unit. Journalize the entry on April 6 to record the purchase and on April 21 to record the requisition from the materials storeroom Almerinda Company purchased on account 60,000 units of raw materials at 081.2 PE 19-1B Issuance of materials On August 4, Rothchild Company purchased on account 12,000 units of raw materials at $14 per unit. On August 24, raw materials were requisitioned for production as follows: 5,000 units for Job 40 at $8 per unit and 6,200 units for Job 42 at $14 per unit. Journalize uust 4 to recerd the purchase and on August 24 to record the requisition

Explanation / Answer

Apr. 6 Materials 720000 =60000*12        Accounts Payable 720000 Apr. 21 Work in Process inventory 574000 =(25000*10)+(27000*12)        Materials 574000

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