Answer:
A) The journal entry to record the first purchase order:
Dr Receiving Inventory - milling blanks 6,875
Cr Accounts payable 6,875
The journal entry to record the second purchase order:
Dr Receiving Inventory - sheet metal 62,200
Cr Accounts payable 62,200
The journal entry to record the third purchase order:
Dr Receiving Inventory - milling lubrication 2,375
Cr Accounts payable 2,375
B)
Dr Receiving Inventory - milling blanks 6,930
Cr Manufacturing overhead 6,930
Dr Receiving Inventory - sheet metal 11,055
Cr Manufacturing overhead 11,055
C)
Dr Receiving Inventory - milling lubrication 175
Cr Manufacturing overhead 175
D)
Dr Raw materials inventory 89,610
Cr Receiving Inventory - milling blanks 13,805
Cr Receiving Inventory - sheet metal 73,255
Cr Receiving Inventory - milling lubrication 2,550
