1.What is the manufacturing cost for Job Seeva and Job Teeva for may. ( Round intermediate and final calculations to 2 decimal places) 2. What would be the amount of over-applied or under-applied overhead? Also state whether cost of goods sold will increase or decrease by the adjustment

Alpha Company focuses on producing a range of wholesale soya bean products including soya mince. Once produced they also make N it widely available to blue chip businesses and those involved in the food manufacturing and agricultural industry grouped in various jobs. Below is the information for Alpha Company for the month of May: a. Job Seeva (S) was shipped to customers during May. b. Job Teeva (T) was still in process at the end of May. 00:25:02 c. Factory overhead costs were applied to jobs at the predetermined rate of $52.00 per labor hour. Job Seeva (S) incurred 6,270 labor hours; Job Teeva (T) used 4,370 labor hours. d. The overapplied or underapplied overhead to the Cost of Goods Sold account was closed at the end of May. e. Factory utilities, factory depreciation, and factory insurance incurred are summarized as follows: Utilities $ 17, 100 Depreciation 49, 750 Insurance 19, 900 Total $ 86, 750 f. Following is some information about direct materials and indirect materials used: Job Seeva Job Teeva (5 ) Total (T) Material AB $ 33, 250 $ 76,000 $ 109, 250 Material CD 14, 850 37, 850 52,700 Subtotal $ 48, 100 $ 113, 850 $ 161, 950 Indirect materials 215, 750 Total $ 377, 700 g. Following is some information about the direct labor incurred for the two jobs and indirect labor: Job Seeva (S) $ 65, 000 Job Teeva (T) 54, 500 Indirect labor 152, 060 Total $ 271, 500