Hello, Could someone explain this question for me please ?

Hey mToys Ltd, which uses a job costing system, had two jobs in process at the start of the year: Job number H64 ($84,000) and Job number H65 ($53,500). The following information is available: - The company applies manufacturing overhead based on machine hours. Budgeted overhead and machine activity for the year were anticipated to be $845,750 and 17,000 machine hours, respectively. - The company worked on four jobs during the first quarter (i.e., from 1 January to 31 March). Direct materials used, direct labour cost incurred, and machine hours consumed were as shown in the following table: Job numbers Direct material Direct labour cost Machine hours H64 $21,000 $35,000 1,200 H65 Nil $22,000 700 H66 $44,500 $65,000 2,000 H61 $15,000 $9,000 500 - Manufacturing overhead incurred during the rst quarter included accumulated depreciation of $36,000, indirect labour of $60,000, indirect materials used of $50,000 and other factory costs of $139,500. - The company completed job number H64 and job number H65 during the first quarter, job number H65 was sold on credit, producing a prot of $34,700 for the rm. Required: Show ALL your workings. (0 Calculate the company's predetermined overhead rate. (ii) Prepare journal entries for the rst quarter to record the following (show your calculation for each amount): a) Issue of direct material to production and the direct labour incurred. b) Manufacturing overhead incurred during the quarter. c) Application of the manufacturing overhead to production. d) Completion of job numbers H64 and H65. e) Sale ofjob H65 Note: Use summary entn'es where appropriate by combining individual job data (iii) Determine the value (cost) of the Work in Process Inventory as at March 31. (v) Jasmine Dot is a junior management accountant at Hey mToys Ltd. Jasmine is given the task of compiling a cost-benet analysis report on whether the company should purchase an expensive new machine from Beta Ltd, where her brother is the new sales manager. Jasmine did not tell anyone in Hey mToys Ltd about her brother's new job. In preparing her report, Jasmine overstates the qualitative benets and understates the costs associated with this new machine, in order to help her brother, make his rst sale as the new sales manager. Discuss the qualities of the lFAC Code of Ethics, and how Jasmine Dot has deviated from this code