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Chapter 3 Assignment

1. Oval Manufacturing Company started operations on January 2, 2020 and received materials orders from two production departments. 2. The stockroom began with various materials in stock including plywood, lumber, and nails. 3. Materials requisitions were made during the month from five production departments, including orders for plywood, lumber, and nails. Ledger cards should be prepared for three specific materials.

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arlene bobadilla
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148 views

Chapter 3 Assignment

1. Oval Manufacturing Company started operations on January 2, 2020 and received materials orders from two production departments. 2. The stockroom began with various materials in stock including plywood, lumber, and nails. 3. Materials requisitions were made during the month from five production departments, including orders for plywood, lumber, and nails. Ledger cards should be prepared for three specific materials.

Uploaded by

arlene bobadilla
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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1. On January 2, 2020, Oval Manufacturing Company started their business.

The following has been ordered by respective departments from the stockroom.
Job No. 2020-01-001 – Production Department A1
Marine Plywood ¾ (Material #001-a) 2 pcs Php1,500/pc
Good Lumber 2x2x12 (Material # 002-a) 2 pcs 300/pc
Ordinary Nail 2’’ (Material #003-a) .75 kilo 200/kilo
Job No. 2020-01-002 – Production Department A2
Marine Plywood ½ (Material #001-b) 5 pcs Php 350/pc
Good Lumber 2x2x10 3 pcs 250/pc
Ordinary Nail 1’’ (Material #003-b) .5 kilo 200/kilo
Ordinary Nail 1.5’’ (Material #003-c) .5 kilo 200/kilo
Prepare materials requisition for each department.

2. At the beginning of the operation the following materials were available in the stockroom:
Marine Plywood ¾ (Material #001-a) 100 pcs Php1,500/pc
Marine Plywood ½ (Material #001-b) 100 pcs Php 350/pc
Marine Plywood ½ (Material #001-c) 100 pcs Php 300/pc
Good Lumber 2x2x12 (Material # 002-a) 100 pcs 300/pc
Good Lumber 2x2x10 (Material # 002-b) 100 pcs 250/pc
Good Lumber 2x2x8 (Material # 002-c) 100 pcs 200/pc
Ordinary Nail 2’’ (Material #003-a) 25 kilos 200/kilo
Ordinary Nail 1’’ (Material #003-b) 15 kilos 200/kilo
Ordinary Nail 1.5’’ (Material #003-c) 15 kilos 200/kilo

The following requisitions were made during the month:


Description Material No. Quantity Department
Marine Plywood ¾ 001-a 2 pcs PD-a1
Ordinary Nail 1" 003-b 0.5 kilo PD-a1
Good Lumber 2x2x12 002-a 1 pc. PD-a1
Marine Plywood ½ 001-c 6 pcs PD-a2
Ordinary Nail 1" 003-b 0.5 kilo PD-a2
Good Lumber 2x2x10 002-b 3 pcs PD-a2
Marine Plywood ½ 001-b 12 pcs PD-a3
Ordinary Nail 1.5" 003-b 0.5 kilo PD-a3
Ordinary Nail 2" 003-a 0.5 kilo PD-a3
Good Lumber 2x2x10 002-b 6 pcs PD-a3
Good Lumber 2x2x8 002-c 5 pcs PD-a3
Marine Plywood ½ 001-b 4 pcs PD-a3
Marine Plywood ¾ 001-a 5 pcs PD-a4
Ordinary Nail 1" 003-b 2 kilo PD-a4
Marine Plywood ½ 001-c 10 pcs PD-a5
Ordinary Nail 1" 003-b 2 kilo PD-a5
Good Lumber 2x2x10 002-b 6 pcs PD-a5
Prepare the Material Ledger card for the following materials.
Marine Plywood ¾ (Material #001-a)
Good Lumber 2x2x8 (Material # 002-c)
Ordinary Nail 1.5’’ (Material #003-c)

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