RAZA CORPORATION reported the following inventories on 1^st November, 2010.

Raw Material Rs. 40,000

Goods in Process Rs. 70,000

Finished Goods Rs. 50,000

The company uses the job order cost accounting system. The following transactions

took place during November:

1. Material purchased o account Rs. 200,000
2. Material requisision for production Rs. 90,000 and supplies Rs. 30,000.
3. Materials returned to supplier Rs. 5,000
4. Accrued payroll Rs. 105,000 including payroll for indirect labour Rs. 15,000
5. Sundry manufacturing expenses incurred Rs. 120,000
6. Paid to Accounts payable Rs. 100,000
7. FOH applied at the rate of 110% of direct labour cost.
8. Goods in process inventory November 30, Rs. 70,000
9. Finished goods inventory November 30, Rs. 55,000
10. Sales on accounts Rs. 450,000

Required

General journal entries for each of the above transactions also make an adjusting

entry of over or under applied FOH-Cost.