Waldorf produces small machined parts. Waldorf uses a job-costing systern.The nature of its process is such that marlagement expects normal spoilage at a rate of 2% of good parts. Uata for last quarter are: (Click the icon to view the data for the last quarter.) The spoiled parts were identified after 100% of the direct material cost was incurred. The disposal value is $4.00/ part. Read the requirements. Requirement 1. Record the journal entries if the spoilage was (a) job specific or (b) common to all jobs. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin by preparing the journal entry for normal spoilage if the spoilage was a) job specific. Data table Requirements 1. Record the journal entries if the spolage was (a) job specific or (b) common to all jobs. 2. Comment on the differences arising from the different treatment for these two scenarios. 1 (Click the icon to view the data for the last quarter.) The spoiled parts were identified after 100% of the direct material cost was incurred. The disposal value is $4.00/ part. Read the requirements 2. Begin by preparing the journal entry for normal spoilage if the spoilage was a) job specific. Next, prepare the journal entry to record abnormal spoilage if the spoilage was (a) job specific. Now prepare the journal entry for normal spoilage if the spoilage was (b) common to all jobs. Now prepare the journal entry for normal spoilage if the spoilage was (b) common to all jobs. \begin{tabular}{lllll|l|} \multicolumn{3}{c}{ Journal Entry } \\ \hline(9) & Accounts & Debit & Credit \\ \hline(10) & (11) & & \\ \hline(12) & & \\ \hline \end{tabular} Finally, create the journal entry to record abnormal spoilage if the spoilage was (b) common to all jobs. \begin{tabular}{lllll|l|} & Journal Entry & Credit \\ \hline & Accounts & Debit & \\ \hline(13) & & & \\ \hline(14) & (15) & & \\ \hline(16) & & & \\ \hline \end{tabular} Requirement 2. Comment on the differences arising from the different treatment for these two scenarios. When the spoilage is specific to a certain job, the (17) Therefore, the cost per good part of that job will be (18)