Problem 5. (18 marks) On January 1, 2015 XYZ Firm's accountants prepared the following estimates: DL DM DL hours Machine hours Units sold Units produced S87,000 S563,000 421,000 17,000 562,000 495,000 500,000 On December 31,2015, the following actual account balance were reported: DL DM DL hours Machine hours Units sold Units produced S92,800 S152,600 455,700 16,300 539,800 481,400 500,000 Job 999 was begun on December 20 and completed at midnight on December 31. It required S14,000 in direct materials, 22,300 in direct labor, 700 direct labor hours, and 1,240 machine hours. The job contained 2,500 units. This was a rush job that was a special order for a very important customer Assuming the firm applies overhead on the basis of direct labor hours, what is the cost of Job 999? a. b. Compute overhead over- or under-applied. c. Is the amount you computed in part (a) the precise cost of the job? Explain. d. What does the amount you computed in part (b) tell you? Be specifio