Creative Web Design uses a job-order costing system to track the costs of its web design projects. The company provides complete website design and hosting services. The following table provides data concerning the three design projects that were in process during May. There was no work in process at the beginning of May: Project Jan's Flowers Happy Daycare Car City 90 2,250 80 Designer-hours Direct labour cost 30 $ $ 1,920 Actual overhead costs were $2.750 for May. Overhead costs are applied to projects on the basis of designer-hours. The predetermined overhead rate is $18 per designer hour. The Car City and Jan's Flowers projects were completed in May; the Happy Daycare project was not completed by the end of the month. No other jobs were in process during May. Required: 1. Compute the amount of overhead cost that would have been charged to each project during May. Car City Jan's Flowers Happy Daycare Overhead applied 2. Prepare a journal entry showing the completion of the Car City and Jan's Flowers projects and the transfer of costs to the Completed Projects (ie., Finished Goods) account. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Journal entry worksheet Record the entry to transfer of costs to the Completed Projects. Note: Enter debits before credits. General Journal Debit Credit Transaction 01 Record entry Clear entry View general journal 3. What is the balance in the Work in Process account at the end of the month? Balance in the work in process 4.a. What is the balance in the Overhead account at the end of the month? Balance in overhead account 4-b. What is this balance called? Overapplied overhead Underapplied overhead