The following data relates to M/s. Al-Mansoor Co. for the month of September, 1995 (who maintains Job Order Cost System). You are asked to: i) Pass necessary journal entries to record the information summarized below ii) Prepare Accounts in Ledger of the Company for the Accounts, Work-in-process and Finished Goods DATA a) Material purchased on account Rs.120,000 b) Material requisitioned and Factory Labour used Material Factory - Labour Job No.501 Rs. 13,000 Rs. 19,000 Job No.502 9,000 15,520 Job No.503 22,400 14,080 Job No.504 17,600 20,800 Job No.505 14,000 7,200 Job No.506 7,000 3,600 For general factory use 3,800 7,400 c) Factory overhead cost incurred on account Rs.68,800 d) Depreciation of machinery Rs.10,400 e) The factory overhead rate is 110% of direct labour cost f) Job completed: No.501, 503, 504 and 506 g) Job No. 501, 503 and 504 were shipped and customers were billed for Rs.84,000, Rs.85,000 and Rs.100,000 Inchen ALEEN The following data relates to M/s. Al-Mansoor Co. for the month of September, 1995 (who maintains Job Order Cost System). You are asked to: i) Pass necessary journal entries to record the information summarized below ii) Prepare Accounts in Ledger of the Company for the Accounts, Work-in-process and Finished Goods DATA a) Material purchased on account Rs.120,000 b) Material requisitioned and Factory Labour used Material Factory - Labour Job No.501 Rs. 13,000 Rs. 19,000 Job No.502 9,000 15,520 Job No.503 22,400 14,080 Job No.504 17,600 20,800 Job No.505 14,000 7,200 Job No.506 7,000 3,600 For general factory use 3,800 7,400 c) Factory overhead cost incurred on account Rs.68,800 d) Depreciation of machinery Rs.10,400 e) The factory overhead rate is 110% of direct labour cost f) Job completed: No.501, 503, 504 and 506 g) Job No. 501, 503 and 504 were shipped and customers were billed for Rs.84,000, Rs.85,000 and Rs.100,000 Inchen ALEEN