Entry for issuing materials materials issued for the current month are as follows: requisition no. material job no. amount 201 aluminum 500 $88,700 202 plastic 503 27,600 203 rubber 504 3,650 204 glue indirect 2,250 205 steel 510 38,750 journalize the entry to record the issuance of materials. for a compound transaction, if an amount box does not require an entry, leave it blank.

The journal entry is as follows:

Work in process A/c                 Dr. $158,700

Manufacturing overhead A/c   Dr. $2,250

To Raw material inventory                               $160,950      

(To record the issuance of materials)

Workings:

        =  88,700 + 27,600 + 3,650 + 38,750

        = $158,700

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.