QUESTION 2: [15 MARKS] a) Printing Enterprise completes Job 101 and 102 in November 2021. The cost for the Job 101 and 102 were RM 400,000 and RM600,000 respectively. On November 30, Job 101 is sold to the customer for RM700,000 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 101. (5 marks) b) Prime Color Sdn. Bhd., uses a job order cost system to collect the costs of its office painting business. Each client's office is treated as a separate job. Overhead is applied to each job based on the number of painting hours required for each office. Listed below are the data for the current year: Estimated overhead Actual overhead Estimated painting hours Actual painting hours RM1,170,000 RM1,158,675 58,500 58,125 The company uses Operating Overhead in place of Manufacturing Overhead. You are required to: i) Compute the predetermined overhead rate. (2 marks) ii) Determine the amount of overhead applied for the year. (2 marks) iii) How much the overhead was under-or overapplied? (2 marks) iv) If estimated overhead increases to RM1,199,250, discuss how this would impact a. applied overhead (1 mark) b. actual overhead (Support your discussion with calculations.) (1 mark) C. How much the overhead was under- or overapplied? (2 marks)