On May 7, Keenan Company purchased on account 620 units of raw materials at $21 per unit. During May, raw materials were requisitioned for production as follows: 211 units for Job 200 at $19 per unit and 273 units for Job 305 at $21 per unit.
Required:
Journalize the entry on May 7 to record the purchase and on May 31 to record the requisition from the materials storeroom.
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