9. In the ledger of Mortlock Led a job cost system is used. The following balances appeared as at 31 May. Raw Material Control $ 5,010 Work In Progress 3,680 Finished Goods 1,890 Particulars of jobs in process and completed were: Job No. Total . Work In Progress 18 $ 1,720 19 $ 1,960 . Finished Goods 17 $ 1,890 During the month of June, transactions were as follows: Material Purchased (excluding 10% GST) $ 14,500 Factory Wages Paid 9,190 Factory Depreciation - Plant 800 Factory Rates and Taxes (excluding 10% GST) 1,200 Factory Maintenance (excluding 10% GST) 500\fDuring June, the following jobs have been charged out to customers: Job No 17 18 19 20 21 22 3,500 6,100 6,500 3,100 5,500 7,600 At 30 June Job 23 was completed but not delivered. Job 24 was still in the factory. Selling expenses 10%. Required: (a) Prepare a job card summary. (b) Prepare general journal entries to fully account for the month's activity. (c) Calculate net profit.\fFactory OH Applied 4,780 Factory OH Control 4,780 Work in Process 4,170 Factory OH Applied 4,170 Cost of Goods Sold 610 Factory OH Applied (underapplied overhead) 1610 Finished Goods 23,090 Work in Process 23,090Coot of Goods Sold FiniShed Goods M min Bank Amounts Receivable Sales It} Sales - Cost of Goods Sold + Under applied OH = Gross Prot Admin. = Net Prot 23,2oo 3, 230 35,53o new 610 23,20!) 3,230 35,53!) 32,30!)