Question 2 AL- Wadi Company has three processing departments. The costs incurred in the second department during May were as follows: - Cost from first department: 32,640 Cost added by second department: Materials: Labor: Manufacturing overhead: $ 86,830 $ 112,200 $117,150 $ 24,000 units were received from first department during May. 14,000 units were completed and transferred to finished goods store room and 10,000 units were still in process at the end of May. The units in work in process ending inventory were 50% complete with respect to materials and 25% complete with respect to labor and manufacturing overhead cost. Required: Using above data, prepare a cost of production report for May for the second department of AL- Wadi Company. Question 3 The estimated operating and cost data for three different companies is given below: Company A Company A Company A Direct Labor hours Machine hours 160000 90000 120000 60000 1400000 420000 Direct Materials cost $ 800000 $ 580000 $ 600000 Manufacturing overhead cost $ 1072000 $ 630000 $ 960000 The allocation bases used by above three companies for computing their predetermined overhead rates are: Company A: Direct labor hours Company B: Machine hours .Company C: Direct materials cost Required: Compute predetermined overhead rate for each of the above three companies.