PART 4 Quest Company manufactures electric drills to the exacting specifications of various customers. During April 2019, job 403 to produce 1,100 drills was completed at the following costs per unit: Direct materials $ 20 Direct labor $16 Applied overhead $24 Total $ 60 Final inspection of job 403 disclosed 100 spoiled units. The spoiled drills were sold for $1,500. Required: Prepare the necessary journal entry (if any) to account for the spoilage (1) assuming the spoilage is attributable to job 403. (2) assuming the spoilage is attributable to all jobs. (2) assuming the spoilage is abnormal