A job shop commenced its operations on January 1 of the current year. During the first quarter, the following transactions took place:

(i) Materials costing ₹4,00,000 were purchased on account.

(ii) Materials purchased were placed in process.

(iii) A total of 2,000 direct labour-hours were charged to individual jobs at the rate of `50 per hour.

(iv) The fixed manufacturing overhead totalled ₹1,60,000.

(v) The variable manufacturing overhead totalled ₹40,000.

(vi) Only job 10, with material charges of 40,000, direct labour charges of ₹20,000, and applied overhead rate, was in process at the end of the period.

Additional information:
(i) The firm uses an actual job-order cost system.
(ii) The variable manufacturing overhead is a function of direct labour-hours.

(iii) All overheads are allocated to individual jobs on the basis of a single rate based on direct labourhours.
You are required to record journal entries for the current quarter assuming only general ledger is maintained.