24. Penguin Incs manufaciures highly customized penguin statues and sieulptares for a ream. Perputa lne. utilizes a joh-onder costing system foc custemer jobs. March 31 inventory of taw materials is 586000 . Raw materials purchases it Aptit ate 5570,000 , and factor payroll cost in cril is $382.000. Overhesd cost incurred in A pril are: indireef muaterials, $53,000, indireet labor, $23,000 : factory rent, $38.0005, factory utilities, 520,000 ; and factory equipment depocciation, 557,000 . The peedeteruined overiteal tate is 50%. of direct labor cost, 306306 is wold for 9690,000 cash in April. Job 307 was completed but was unwid as the cnd of Apeil, and Job 308 was still in process at the end of Aprit. Cost detail of the three jobs worked on in Apai follow. Requirest: Compute the following amountsanswer the questions for the month of April: a. Ending balance of Raw Maferials inventory b. Total cost of Job 306 c. Total cost of Job 307 d. Tomi cost of Joh 308 (to date) e. Ending Work-In-Process inventory (all jobs) f. Ending Finished Goods inventory g1 Is overhead overapplied or underapplied? h. Amount of overapplied or underapplied overhead i. Prepare the journal entry to write off the overhead variance