Accounting for defective units with economic value Refer to the production data for Job No. 7739-Dl in Exercise 20-4. Assume that the defective units cannot be economically reworked, but they can be sold for $42.50 per unit.

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REQUIRED a. Compute the per unit cost of the good units if the defective production is job specific. b. Compute the cost of the defective units assuming the defective production is random error. c. Prepare any necessary journal entries to account for the defective production for both the situations described above.