Required:1. Calculate the cost of the spoiled invitations. How should the spoila

Required:1. Calculate the cost of the spoiled invitations. How should the spoilage cost be accounted for?2. What is the price of Job 95-301?3. Suppose that another job 95-442 also required 500 wedding invitations. The standard costs are identical to those of Job 95-301. However Job 95-442 required an unusual color of ink one that is difficult to print. Byers printers know from experience that getting this ink color to print correctly requires trial and error. In the case of Job 95-442 the first 100 invitations had to be discarded due to inconsistencies in the color of ink. What is the cost of the spoilage and how would it be treated?4. What is the price of Job 95-442?