QUESTION 3 Jackson Company uses a job order costing system and the following information is available from its records. The company has three jobs in process: #6, #9. and #13. Raw material used RM120,000 Direct labour per hour RM8.50 Overhead applied based on direct labour cost 120% Direct material requisitioned for job #6, #9, and #13 are 30 percent, 25 percent, and 25 percent respectively and the balance of the requisitions was considered indirect. Direct labour hours per job are 2,500, 3.100, and 4,200 respectively. Indirect labour is RM33,000. Other actual overhead costs totalled RM36,000 Required: 1) Compute the prime cost of Job #6. (3 marks) ii) Compute the total amount of overhead applied to Job #9. (1 mark) iii) Compute the total amount of actual overhead. (4 marks) iv) Calculate the amount of overhead applied to Work in Process (4 marks) v) If Job #13 is completed and transferred, compute the balance in Work in Process Inventory at the end of the period if overhead is applied at the end of the period. (9 marks) vi) Assume the balance in Work in Process Inventory was RM18,500 on June 1 and RM25,297 on 30 June. The balance on 30 June represents one job that contains direct material of RM11,250. Calculate the amount of direct labour hours have been worked on this job (rounded to the nearest hour) (4 marks) (Total: 25 Marks)