Problem #2: Job Costing and Normal Costing Creative Woodworking is a job shop that uses normal costing. Manufacturing overhead is allocated to jobs budget 2020 actual 2020 overhead costs $4,140,000 $4,337,000 direct material costs $6,500,000 $5,840,000 direct labor costs $8,800,000 $8,988,000 hourly wage rate $20.00 $21.00 (1) Calculate budgeted and actual DL hours for 2020. (2 points) budget 2020 actual 2020 DL hours (2) Data for the Worthington job which was started and completed in 2020 is presented below. Calculate the Worthington Job direct material $4,849 direct labor $2,898 overhead costs total manufacturing Calculate over or under applied overhead for 2020. (2 points) (3) over/under applied OH is it over or under applied OH (4) Provide the journal entry that writes off over/under applied OH to CGS. (2 points)