Job Order Costing and Analysis Essay Question Curry Corp, uses a job order costing system and worked only on Job 202-2F during the current period. Job 202-2F was sold for $490,000. The following information pertains to costs incurred for Job 202-2F. Account Name Additional Facts $ Amount Direct materials $90,000 Indirect materials $30,000 Direct labor Indirect labor $120,000 $65,000 Depreciation of machinery $12,000 Factory supplies Overhead rate $8,000 95% of direct labor After adjusting for the amount of over- or underapplied overhead, determine the amount of gross profit earned during the year. Three responses are required. Clearly indicate: 5 pts 1.) Indicate whether the overhead is Over- or underapplied 5 pts 2.) The amount overhead is Over- or underapplied $ 5 pts 2.) Gross Profit or (Loss) $ and,