Alpha Company focuses on producing a range of wholesale soya bean products including soya mince. Once produced they also make 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. c. Factory overhead costs were applied to jobs at the predetermined rate of $52.00 per labor hout, Job Seeva (S) incurred 6.270 labor hours: Job Teeva (1) 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; D Job Seeva (5) $ 33,250 14,850 $ 48,100 Material AB Material co Subtotal Indirect materials Total Job Teeva (1) Total $ 76,000 $ 109,256 37,850 52.700 $ 113,850 $ 161,950 215.75e 5.377.700 g. Following is some information about the direct labor incurred for the two jobs and indirect labor; $ 65,000 Job Seeva (5) Job Teeva (T) Indirect labor Total 54,500 152.000 $ 271,500 Required: 1. What is the total manufacturing cost for Job Seeva (S) and Job Teeva (T) for May. (Round your intermediate calculations and final answers to 2 decimal places.) 2. What would be the amount of overapplied or underapplied overhead? Also, state whether the cost of Goods Sold account will be increased or decreased by the adjustment. 1 Total manufacturing costs - Job S Total manufacturing costs Job T 2 Cost of goods sold