Question 1: (85 points) JKH Company produces a range of products for industries on getting bulk orders. It uses a job-costing system and follows normal costing to calculate the cost of a particular job. Materials and labor used in the manufacturing process are direct in nature. Manufacturing overhead is allocated to different jobs using direct manufacturing labor costs. It provides the following information: Actual Results for Budget for 2019 2019 Direct material costs ($) 1,485,000 1,620,000 Direct manufacturing labor costs ($) 750,850 780,750 Manufacturing overhead costs ($) 1,426,615 1,400,000 Required: A. Compute the budgeted manufacturing overhead rates for 2019. (35 points) B. During March 2019, the job-cost records for Job 777 contained the following information: Direct materials used ($) 31,740 Direct manufacturing labor costs ($) 22,020 Compute the cost of the Job 777. (30 points) C. At the end of 2019, compute the under- or over allocated manufacturing overhead. (20 points)