Gaxcin, Ioc, ases a job-order costing rystem for its products, which pass from the Machicing Department, to the Assembly Departinezt, to finated goods inventory The Machicing Departmeat at hexvily achorsated, in cootrast, the Assembly Department performs a number of mancal-assembly activitier. The company applies munofacturits overfead ming machine bours in the Machining Department and direct labor cost in the Assembly Departmert. The following informatice relates to the year juit ended: TUt dara that follow pertaia to job no. 775, the oell job in production at year-end Beced malerue Dxed ister Madine tours Selling and admanistrative expease ansourted to $2500000 Recquired: 2. Ceepue the ceit of the comgany 1 yearied werk-itifececu invenocy. 3. Drtermine whether orerhead was under or evrapplied during the year is the Mackinieg Degartestit 4. Rigeat tequiement (B) foe the Asabhy Department. 6. How nocb cvehiea4 woul4 kave becn tharyed to the cuegany y Work-in-Poccal account baring the year