QUESTION 2 Juara Bhd operates a job-order costing system and app of direct labor cost. Its predetermined o estimated RM189,000 manufacturing overh RM126,000 direct labor cost. The company has provide ates a job-order costing system and applies overhead cost to jobs on the basis of cost. Its predetermined overhead rate was based on a cost formula that ,000 manufacturing overhead cost for an estimated allocation base of et labor cost. The company has provided the following data for the year: RM 199,500 120,000 Purchase of raw materials (all direct) Direct labor cost Actual manufacturing overhead costs: Insurance, factory Depreciation of equipment Indirect labor Property Taxes Maintenance Building rental 10,500 27,000 63,000 13,500 16,500 54,000 Beginning (RM) Ending (RM) Inventories: Raw materials Work in process Finished goods 31,500 66,000 24,000 60,000 90,000 102,000 Required: a) Compute the predetermined overhead rate for the year. (3 marks) (CLO2:PLO2:C3) b) Compute the amount of under applied or over applied overhead for the year. (6 marks) (CLO2:PLO2:03) c) Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materials. (7 marks) (CLO2:PLO2:04) d) Compute the unadjusted cost of goods sold for year. (3 marks) (CLO2.PL02:04) Assume that Job DBF II was started and completed during the year. The job required DMA 800 in materials and RM6,300 in direct labor cost. The policy of the company is to charge its job at 40% above the job's cost. Compute the price to be charged to the customer