Jaguar Automobiles Inc uses blanket rate for charging manufacturing overhead Cost allocation base used by the company is machine hours at normal capacity. The expected data for the year is given below: Fixed overhead (in dollar) Variable Overhead (in dollar) Machine hours at normal capacity 100,000 150,000 50,000 During the year. Jaguar actually worked for 48,000 machine hours when actual factory overhead was recorded as $230,000. Required a) Compute the predetermined factory overhead rate. (1 mark) b) Compute applied factory overhead and pass journal entry to apply overhead to production. (1 mark) c) One of the jobs consumes Tk. 300 as direct material cost and Tk. 200 as direct labor cost. Compute the total manufacturing cost of the job by using the rate computed in requirement (a) above if it uses 25 machine hours. (1 mark) d) Compute the amount of over or under applied factory overhead. Pass the relevant journal entry to dispose the over/under applied overhead assuming is) that it is insignificant and factory is responsible. (1 mark) that it is significant and allocated between cost of goods sold, work-in-process inventory and finished goods inventory in a ratio of 5:3:2. (1 mark)