): Mian Crockery received an order for 50 units of product. In anticipation of spoilage, production 52 units were started. During inspection 10 units were found defective and 2 units were classified as spoiled and sold for Rs. 90.

Initial cost: Material Rs. 80 per unit Labor Rs. 50 per unit and FOH is 100%

Additional Cost: Material Rs. 100 Labor Rs. 200 and FOH 100%

The good units dispatched to customer at a price of Rs. 240 per unit.

Requirements: Pass journal Entries if loss is charged to JOB and FOH.