Other information relating to Novaland Designs' operations in Dec are detailed below: a) Job #4 is an order from a new restaurant for 200 tables. Due to an unusual erroneous setting in the cutting machine, 2.5 more metres of wood was required per table than was pianned. Initial design drawings required onlyr 8.5 metres of wood per table. This was not factored into the agreed upon price of $250,000. The job was fully completed and delivered in Dec. b) Job #5 remains uncompleted at the end of Dec. c) Job #3 is a batch of customized shelves for a book store. in late Dec, Novaiand Designs was informed that the book store owner had gone bankrupt. There were various options available on how to deal with Job #3. This issue will be brought up for discussion at a meeting in Jan next year. d) Administrative and selling expenses incurred in Dec is $30,200. The MOH incurred in Dec amounts to $84,800. Reguired: (i) Compute the product cost for Job #4. (ii) Prepare Novaland Designs' income statement for the quarter ended 31 Dec 201x. [iii] Post journal entries relating only to the MDH account during Dec 201x