Problem 5.10 Formation about comes for a company is saing With Terms low at the window in els conting some other better denne Co. The manera de 10 a 14 and and cooletel, dan turut dintre consist of 140 318 fou 250 and 3421household for the month and me profiles read he same rate de rest Overte sengan mated rate based on professorat bor or the follo143 SIL.SO vereadores SR.209 What is the estimater per how to who? Overnate what are we tout cours (tutors Dating or copies were comes to a 41, 143. Yota.com sob 141 what is the answer of work on the CHE gode worsprocese What rant over water ind undercoledo OM a more i TV, where Problem 5.50 Following is information about consulting jobs for a company that is increasing in sales, but has not yet become profitable. The owner keeps financial records on yellow sticky notes stuck to the wall behind his desk. He has asked you to help him set up a costing system so that he can better understand his costs. The owner said that job 140 was completed, job 141 was started and completed, and job 142 was started this month. Professional labour hours for contracts in process consist of job 140 with 118 hours, job 141 with 250 hours, and job 142 with 129 hours. Professional labour was paid $25,347 for the month, and the professional employees are all paid the same rate per hour. Overhead is allocated using an estimated rate based on professional labour hours. The total cost for job 141 is $31,500. Actual overhead cost for the month was $48,209. What is labour paid per hour? Labour per hour. What is the estimated rate per labour hour used to allocate overhead? Overhead rate per hour. What are the total costs (before adjusting for overapplied or underapplied overhead) for Jobs 141, 142, and 143? Total cost Job 140 Job 141 $ Job 142 Job 142 What are the amounts in cost of goods sold and work-in-process at the end of the month? $ Cost of goods sold Work-in-process $ What amount of overhead was overapplied or underapplied this month? Overhead $ If this month is typical, what is a reasonable overhead rate? Reasonable overhead rate $ per hour