Cherokee Furniture Company manufactures furniture. Cherokee Furniture uses a job order cost system. 1 answer below »
Cherokee Furniture Company manufactures furniture. Cherokee Furniture uses a job order cost system. Balances on April 1 from the materials ledger are as follows:
The materials purchased during April 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 April.
$
b. Determine the amounts of materials transferred to Work in Process and Factory Overhead for the requisition of materials in April. Materials transferred to Work in Process $ Materials transferred to Factory Overhead $
c. Determine the April 30 balances that would be shown in the materials ledger accounts. Balance, April 30 Fabric $ Polyester Filling $ Lumber $ Glue $