At the beginning of the current year, Kelip Company Ltd estimates overhead cost at RM135,000 and direct labour hours at 11,250 hours. During the year, Job J123 was completed, incurring the following cost: At the end of the current year, 11,250 direct labour hours was used, incurring the following overhead cost: Required: a) Calculate the overhead rate for the current year for Job123. b) Calculate the total cost in completing Job 123 c) Is overhead overapplied or underapplied during the year? How much is the cost overapplied or underapplied overhead? d) Assume that the cost of goods sold for the current year is RM525,000. How much is the adjusted cost of goods sold