Task 4 Offshore Boatbuilders builds boats to customer requirements. Job order costing is used with a single ledger, which incorporates appropriate factory control accounts. Inventories at 1 January 2018 included 5 Work in process (one unfinished job) 3,050 Finished goods {one job inyoiced 2 January} 7,150 January records for the factory show Materials and supplies purchased on credit 12,600 Defective materials returned to supplier 450 Materials issuedto jobs 12,700 Factory wages paid direct 16,350 Factory wages paid indirect 6,500 Other sundry factory oyerhead cost paid 8,750 Workers compensation insurance expensed 350 {from prepayments) Depreciation Plant and machinery 700 Excess indirect material returned to store from 50 factory Factory overhead was applied at 100% of direct labour cost Cost ofjole completed in January 44,250 All finished goods were sold in January January sales were all cash and were priced at cost plus 50%. Required 0 Prepare entries in General journal format to record the above transactions. 0 Narratives are required