Gamet Company applies overhead based on direct labor hours. Normal spoilage, averaging 8% of units roduced, occurs throughout the production process, and is therefore included in the applied overhead rate of 60 per direct labor hour. Spoiled units have an average salvage value of $20 per unit. The following data refer to Job TA02, which was started and completed during the current period: REQUIRED Part 1. Assume that the spoilage was specific to Job TA02. Prepare the journal entry to transfer costs out of Work-In-Process. Part 1. Assume that the spoilage was due to the overall factory process. Prepare the journal entry to transfer costs out of Work-In-Process