1. Marc's electronic shop initiated operations in June with three orders. The following costs were incurred during the month: Job Code 91 $950 750 193 500 Direct Materials: Harley Brochure Left-Bank Annual Report Lester Pamphlet Direct Labor: Harley Brochure Left-Bank Annual Report Lester Pamphlet $2,450 1,950 900 Factory overhead: Applied at the rate of 110 percent of direct labor dollars Actual Manufacturing overhead incurred: 56.100 Jobs 91 and 92 were completed. Job 91 was delivered to the customer during June. The Lester Pamphlet Job was incomplete at the end of the month. Job 91, the Harley Brochure was sold on account for $9,400. Instructions: (a) Prepare job order cost cards for the three jobs. Indicating the amount of Material, Direct Labor and Manufacturing overhead assigned to each job. (b) Prepare summary journal entries to record the raw materials requisitioned, factory labor used, the assignment of manufacturing overhead to jobs, and the completion of Jobs 91 and 92. Prepare the entry to record the sale of the Harley Brochure job and its impact on cost of goods sold. (c) State balance of the work in process inventory and finished goods inventory on June 30th (d) Was the manufacturing overhead account over-applied or under-applied for the month? By how much? (note: assume no adjusting entry is made to clear out the balance of manufacturing overhead until December 31)