1. A perpetual record of a raw materials item that records data on the quantity and cost of units purchased, units issued for use in production, and units that remain in the raw materials inventory, is called a(n):

a. Materials ledger card.
b. Materials requisition.
c. Purchase order.
d. Materials voucher.
e. Purchase ledger.

2.A company that uses a job order cost accounting system would make the following entry to record the flow of direct materials into production:

a. debit Work in Process, credit Cost of Goods Sold
b. debit Work in Process, credit Materials
c. debit Work in Process, credit Factory Overhead
d. debit Factory Overhead, credit Materials
e. debit Finished Goods, credit Materials