3 Whitefield Design Consultants Ltd. specializes in offering architectural consulting and design services to large clients. Given the nature of the services it provides, the company does not work on more than six Jobs at a time. At the beginning of 2021, it estimated the following amounts 8 02:41:43 Direct materials (blueprints and other supplies) Daxect professional labour consulting Direct professional labour design) Consulting support design support 5 494.000 2, 470,000 1,452,000 2, 470.000 1.482,000 Support costs are allocated using predetermined overhead rates computed at the beginning of the year and are based on direct professional labour costs. Senior management recently changed its policy of allocating overhead costs Separate rates are computed for the two types of support costs based on the corresponding direct professional labour costs. The company uses a normal costing system to track costs. At the beginning of the third quarter in 2021, job 202102.5 was unfinished. The following amounts were traced to it direct materials $24.700, professional tabour (consulting) 5123,500. During the third quarter three new jobs were started: 202103-1 202103-2, and 202103-3. The following amounts were incurted during the quarto Direct materials peints and other supos Dieet peonat labour tout Dit professional labour day) Consulting compart Deen apport 5123,600 75 000 6300 90.000 3921100 At the end of the quarter, job 202103-2 was still unfinished and the following amounts were traced to indect materials $37050; professional labour (design $88.920 Required: ded to the nearest Whole dollar) 3 Jobs in Process Control Costa de Beginning inventory Costs added during the quarter Ending wory Direct Professional Labour Control eport Ovestad Ali bupport Overhead Control Can Cowo 33.000 3 2. Compute the beginning and ending amounts in the jobs in process account. (Do not round intermediate calculations. Enter your answers rounded to the nearest whole dollar.) Beginning jobs in process Ending jobs in process 02:40:56 3-6. Compute the over- or underallocated overhead amounts) for the quarter. (Do not round intermediate calculations. Enter your answers rounded to the nearest whole dollar) Actual Applied Morence 3 3-6. Prepare the journal entry for over or undesallocated overhead (Close this amount to the cost of jobs billed account of no entry is required for a particular transaction, select "No journal entry required in the first account field. Do not round intermediate calculations. Enter your answers rounded to the nearest whole dollar) View transaction list 8 02.40.43 Journal entry worksheet Record entry to write off over or underapplied overhead to cost of jobs billed. Not interdits before credits Transaction General Journal Debit Crede Recentry Chery View genausal Record entry Clear entry View general journal 3 02:40:31 4. Assume that the revenue earned during the quarter was 53,457000 and that the selling general and administrative expenses were $201.380. Compute the company's operating income for the third quarter (Do not round intermediate calculations, Enter your answers rounded to the nearest whole dollar.) Sales Deduct Costojos billed Deduct Ovet oplodovestead Grossman Deduct Selling general and adminstrative expenses Operating income 3 Whitefield Design Consultants Ltd. specializes in offering architectural consulting and design services to large clients. Given the nature of the services it provides, the company does not work on more than six Jobs at a time. At the beginning of 2021, it estimated the following amounts 8 02:41:43 Direct materials (blueprints and other supplies) Daxect professional labour consulting Direct professional labour design) Consulting support design support 5 494.000 2, 470,000 1,452,000 2, 470.000 1.482,000 Support costs are allocated using predetermined overhead rates computed at the beginning of the year and are based on direct professional labour costs. Senior management recently changed its policy of allocating overhead costs Separate rates are computed for the two types of support costs based on the corresponding direct professional labour costs. The company uses a normal costing system to track costs. At the beginning of the third quarter in 2021, job 202102.5 was unfinished. The following amounts were traced to it direct materials $24.700, professional tabour (consulting) 5123,500. During the third quarter three new jobs were started: 202103-1 202103-2, and 202103-3. The following amounts were incurted during the quarto Direct materials peints and other supos Dieet peonat labour tout Dit professional labour day) Consulting compart Deen apport 5123,600 75 000 6300 90.000 3921100 At the end of the quarter, job 202103-2 was still unfinished and the following amounts were traced to indect materials $37050; professional labour (design $88.920 Required: ded to the nearest Whole dollar) 3 Jobs in Process Control Costa de Beginning inventory Costs added during the quarter Ending wory Direct Professional Labour Control eport Ovestad Ali bupport Overhead Control Can Cowo 33.000 3 2. Compute the beginning and ending amounts in the jobs in process account. (Do not round intermediate calculations. Enter your answers rounded to the nearest whole dollar.) Beginning jobs in process Ending jobs in process 02:40:56 3-6. Compute the over- or underallocated overhead amounts) for the quarter. (Do not round intermediate calculations. Enter your answers rounded to the nearest whole dollar) Actual Applied Morence 3 3-6. Prepare the journal entry for over or undesallocated overhead (Close this amount to the cost of jobs billed account of no entry is required for a particular transaction, select "No journal entry required in the first account field. Do not round intermediate calculations. Enter your answers rounded to the nearest whole dollar) View transaction list 8 02.40.43 Journal entry worksheet Record entry to write off over or underapplied overhead to cost of jobs billed. Not interdits before credits Transaction General Journal Debit Crede Recentry Chery View genausal Record entry Clear entry View general journal 3 02:40:31 4. Assume that the revenue earned during the quarter was 53,457000 and that the selling general and administrative expenses were $201.380. Compute the company's operating income for the third quarter (Do not round intermediate calculations, Enter your answers rounded to the nearest whole dollar.) Sales Deduct Costojos billed Deduct Ovet oplodovestead Grossman Deduct Selling general and adminstrative expenses Operating income