Question 27 20 pts Nebraska Corp. assigns manufacturing overhead at a rate of 60% of direct material cost and during July they paid $55,000 in actual overhead cost. On July 31, Nebraska has the following Job Costs Sheets: Job A B D F Direct Materials $ 14,000 $ 16,000 $ 19,300 $19.000 E $ 18,600 $ 2,000 $ 2.500 Direct Labor $ 5,500 $ 6,400 $ 7,700 $ 8,000 $1,000 Manufacturing OH Total Job Cost Job status as of July 31st finished ot finished / sold finished / sold sold finished ot sold in progress in progress Required: Answer the following questions. Show your work and clearly label your final answers. No calculations - No credit, 1) Complete the above table by a) Calculating the amount of manufacturing overhead that should be assigned to each job at the end of July b) Calculating the total job cost for each job. 2) What is the balance in Nebraska's work in process account at the end of July? 3) What is the balance of Nebraska's finished goods inventory at the end of July? 4) What is Nebraska's cost of goods sold? 5) Was the overhead over or under applied 6) What is the amount of the over or under applied overhead