Question # 5 lqra inc. provided the following data for January, 198: Materials and supplies: Inventory, January 1, 198 Rs.10,000 Purchases on account 30,000 Labour: Accrued, January 1, 193 3,000 Paid during January (ignore payroll taxes) 25,000 Factory overhead costs: Supplies (issued from materials) 1,500 Indirect labour 3,500 Depreciation 1,000 Other factory overhead costs (all from outside suppliers on account) 14,500 Work in process: Job1 Job2 Job3 Total . Rs. Work In process January 1, 193 1.000 - Rs. 1,000 Job costs during January, 193: Direct materials 4,000 Rs.6,000 Rs.5,000 15,000 Direct labour 5,000 8,000 7,000 20,000 Applied factory overhead 5,000 8,000 7,000 20,000 Job 1 started in December, 19A, finished during January, and sold to a customer for Rs.21,000 cash Job 2 started in January, not yet finished. Job 3 started in January, finished during January, and now in the finished goods inventory awaiting customer's disposition Finished goods inventory January 1, 193. Required: Journal entries, with detail for the respective job orders and factory overhead subsidiary records, to to record the following transactions for the January: . Purchase of materials on account. . Labour paid. . Labour cost distribution. . Materials issued. . Depreciation for the month. . Acquisition of other overhead costs on credit. . Overhead applied to production. . Jobs completed and transferred to finished goods. CD'xlO'JLH-lE-CAJNH