Company is a contract manufacturer for a variety of pharmaceutical and over$-$the$-$counter products. Lynn Sanger, one of Flextrons quality control managers, obtains the following information for Job No$.$ M$102.$ The order was completed recently, just before the close of Flextrons fiscal year. The units will be delivered early in the next accounting period. A total of $128,500$ units were started, and $6,000$ spoiled units were rejected at final inspection, yielding $122,500$ good units. Normal spoilage is $2,500$ units. Spoiled units were sold at $$4$ per unit. Sanger indicates that all spoilage was related to this specific job.The total costs for all $128,500$ units of Job No$.$ M$102$ follow. The job has been completed, but the costs are yet to be transferred to Finished Goods.Company is a contract manufacturer for a variety of pharmaceutical and over$-$the$-$counter products. Lynn Sanger, one of Flextrons quality control managers, obtains the following information for Job No$.$ M$102.$ The order was completed recently, just before the close of Flextrons fiscal year. The units will be delivered early in the next accounting period. A total of $128,500$ units were started, and $6,000$ spoiled units were rejected at final inspection, yielding $122,500$ good units. Normal spoilage is $2,500$ units. Spoiled units were sold at $$4$ per unit. Sanger indicates that all spoilage was related to this specific job.The total costs for all $128,500$ units of Job No$.$ M$102$ follow. The job has been completed, but the costs are yet to be transferred to Finished Goods.Required$1.$ Calculate the unit quantities of normal and abnormal spoilage$\mathrm{.}2.$ Prepare journal entries to account for Job No$.$ M$102,$ including spoilage, disposal of spoiled units, and transfer of costs to the Finished Goods account$\mathrm{.}3.$ Flextrons controller, Vince Chadwick, tells Marta Suarez, the management accountant responsible for Job No$.$ M$102,$ the following: This was an unusual job. I think all $6,000$ spoiled units should be considered normal. Suarez knows that the work involved in Job No$.$ M$102$ was typical and that normal spoilage is $2,500$ units. She feels Chadwick made these comments because he wants to show a higher operating income for the year.a$.$ Prepare journal entries, similar to requirement $2,$ to account for Job No$.$ M$102$ if all spoilage were considered normal. How will operating income be affected if all spoilage is considered normal?b$.$ What should Suarez do in response to Chadwicks comment?