Answers
1.Raw materials purchases for cash.
| Transaction | General Journal | Debit | Credit |
| 1 | Raw Materials Inventory A/c | 188,000 | |
| To Cash A/c | 188,000 | ||
| [Journal Entry to record the Raw materials purchases for cash] | |||
2.Direct materials usage.
| Transaction | General Journal | Debit | Credit |
| 2 | Work in Process Inventory A/c | 176,000 | |
| To Raw Materials Inventory A/c | 176,000 | ||
| [Journal Entry to record the Direct materials usage] | |||
Direct materials usage = Raw materials at the beginning + Raw materials purchases – Raw materials at the end – Indirect Materials used
= $46,000 + $188,000 - $42,000 - $16,000
= $176,000
3.Indirect materials usage.
| Transaction | General Journal | Debit | Credit |
| 3 | Factory Overhead A/c | 16,000 | |
| To Raw Materials Inventory A/c | 16,000 | ||
| [Journal Entry to record the Indirect materials usage] | |||
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