Lexan Textile Company's Job X12 had one of its 40 units spoiled. The cost incurred on the unit was $720. It was specific normal spoliage with an estimated disposal price of $540 for the spoiled unit. Job Y34 had common normal spollage with the estimated cost of $640 from the general production process fallure and abnormal spoilage of $120. The company also incurred scrap due to Job Y34 and sold it for $90. It also sold the scrap common to all jobs for $130 cash in May. Required: 1. Prepare the necessary journal entries to record normal and abnormal spoilage costs. 2. Prepore the necessary journal entries to record both types of scrap sold. Complete this question by entering your answers in the tabs below. Prepare the necessary journal entries to record normal and abnormal spoilage costs. (If no entry is required for a transaction/event. select "No journal entry required" in the first account field.) Prepare the necessary journal entries to record normal and abnormal spoilage costs. (If no entry is req select "No journal entry required" in the first account field.) Journal entry worksheet Record the normal spoilage attributable to Job X12. Note: Enter debits before credits. Journal entry worksheet Record the normal and abnormal spoilages incurred in Job Y34. Note: Enter debits before credits. Prepare the necessary journal entries to record normal and abnormal spoilage costs. (If no entry is required for a transaction/even select "No journal entry required" in the first account field.) Journal entry worksheet Record the scrap sold attributable to a specific job. Note: Enter debits before credits. Prepare the neceary journal entries to record both types of scrap sold. (ii acitin is required for a journal entry required" in the first account field.) Journal entry worksheet Note: Enter debits before credits