(b) The following data for the month of November, relates to the McDelrnott Company, a small cricket bat manufacturer located in Ipswich, QLD. The company uses job costing to determine the cost of products. Balances at lNovember of unnished jobs are as follows: Job No. Direct Materials 103 $12,300 104 $ 8,900 105 $10,700 Overhead in process Other balances at lNovember: Raw materials inventory Finished goods inventory Direct Labour $11,500 $ 6,500 $12,000 $2 1,000 $39,000 $0 Raw material purchased during November: $32000 Direct labour cost incurred during November Job 103 $10,900 Job 104 $13,000 Job 105 $12,000 Job 106 $10,500 Direct materials issued to production in November Job 103 $14,600 Job 104 $12,500 Job 105 $13,000 Job 106 $ 7,800 Jobs 103, 104, and 105 were completed during November. Jobs 103 and 104 were sold for $72,000 and $64,000 respectively. Overhead is allocated to jobs using direct labour dollars a the cost driver. Actual manufactlnirlg overhead costs of $31,000 were incurred during November. (0 (ii) (iii) 0") (V) (vi) What is the cost of Job 103 at November 15'? (1 mark) What is the gross protfloss on the sale of Job 104? (1 mark) What is the cost of closing WIP at the end of November? (1 mark) What is the cost of goods manufactured during November? (1 mark) What is the closing balance in the Finished goods inventory account? (1 mark) Was manufacturing overhead under or over applied dining November? [1 mark)