Restoration Ltd buys basic furniture units and creates period layouts in clients’ homes. The following transactions relate to jobs 801, 802 and 803 in the month of May. Prepare job cost records for each job.

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1 May Bought 70 furniture units on credit from supplier, invoiced price being £204,000. The furniture units acquired consisted of two different grades. 50 units were of standard size at a total cost of £140,000 and 20 units were of king size at a total cost of £64,000. * Bought stain, varnish and paint at a cost of £30,000 paid in cash. The stain cost £12,000 while the varnish cost £14,000 and the paint £4,000. O Returned to supplier one furniture unit damaged in transit, £2,800. The 1 May 2 May furniture unit returned was of standard size. 3 May Furniture units issued to Finishing department. 40 standard-size units were issued, together with 14 king-size units. There were three separate jobs: references 801, 802 and 803. The standard-size units were all for job 801 (Riverside Hotel); 10 king-size units were for job 802 (Mountain Lodge); and the remaining 4 king-size units were for job 803 (Hydeaway House). 4 May o Issued stain, varnish and paint to Finishing department, £22,500. 14 May Paid Finishing department employees' wages £10,000. Wages were paid to 8 printing employees, each earning the same amount. A Paid security wages £350. Security wages were paid to one part-time security officer. 14 May 16 May + Paid rent, rates and electricity in respect of Finishing department, £18,000 in cash. Payment for rent was £9,000, rates £5,000 and electricity £4,000. 28 May Paid Finishing department employees' wages £10,000. Wages were paid to the same 8 employees as on 14 May.