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Q. No. 5 Following is the COST DATA OF Deni & Co:Whouses JOB ORDER COSTING SYSTEM FOR December, 2020 m) Purchase of RAW MATERIAL ON

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Q. No. 5 Following is the COST DATA OF Deni & Co:Whouses JOB ORDER COSTING SYSTEM FOR December, 2020 m) Purchase of RAW MATERIAL ON credit Rs.16,0000/- b) RAW MATERIAL issued to Jole Rs. 100000/=(75%Direct and 25 indirect) LABOUR COST direct Rs.70,000/=and indirect Rs 30,000/= d) ACTUAL OVER HEAD EXPENSES Rs 50,000/= The JOB ORDER COSTING R..200,000/= were completed and transferred to FINISHED GOODS Complete JOB ORDER COSTING wote went and invoiced to customers at 40% above COST g) The company employed Facoty over head at Rs per direct Labour hour and 25000 hours were recorded during month REQUIRED: RECORD JOURNAL ENTRIES for the month of December 2020 in the books of company

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