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# Bullock Furniture: Calculate balances for materials ledger

Bullock Furniture Company manufactures furniture. Bullock uses a job order cost system.

Balances on June 1 from the materials ledger are as follows:

Fabric \$18,400
Polyester filling 5,500
Lumber 41,200
Glue 1,800

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

Fabric \$90,200
Polyester filling 125,400
Lumber 247,100
Glue 8,600

Materials were requisitioned to individual jobs as follows:

Fabric Polyester Filling Lumber Glue Total
Job 101 \$33,400 \$42,100 \$112,600 \$188,100
Job 102 25,700 45,800 98,500 170,000
Job 103 23,700 31,100 54,800 109,600
Total \$82,800 \$119,000 \$265,900 \$4,300 \$472,000

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

Determine the June 30 balances that would be shown in the materials ledger accounts.

Balance, June 30

Fabric \$
Polyester Filling \$
Lumber \$
Glue \$

#### Solution Summary

The Solution finds the balances for the materials ledger accounts for Bullock Furniture.

\$2.19