Question 5 15 points Intake Company Name Here lodaries makes farsiture swing the latest automated technology. The company uses a job-der costing system and applies manching overhead cost to products on the basis of mache-las. The following estimates ware wind is preparing the predetermined overhead iste at the beginning of the year Foxed maching over Variable facturing everhead per machine-hour 50,000 $1,400,00 33.75 During the yew, a ght of finere m the market rested in ting heck production soda bahp of farmers in t Machine-bos Mandacturing bea 60,000 51375,225 opy archouse. The company's cost records revealed the following actual cot and operating data for the Investies at yd Ras al Finished goods Con of gol Journal Entry Fo Debit Ac 3420.000 $110,000 $1,010,000 $ 2,710,000 awers Round Port 2 decal pound of other unders to the Cote the Company's predetermined overhead rete for Compute the Allocated overhead Compute the end of od overhead for the year (Answer Format Number and then UnderAllocated or OverAlocated) Bodo you so for "C" record the proper journal entry to close ouverte Cred Accou What is the impect of your journal dry on the Coopey's oet in (HA options one deosaie Stays the Same No Change Peaksime Dring the year, put of fire on the market rebed in cuming back production and a buildup of furniture in the company's warhouse. The company's cost records revealed the following schal cost od operating date for the year Machine-bes Manufacturing overhead cost lanetories at year-end Ral Fished goods Cost of goods sold De nek 00.000 51375225 3 420,000 $ 110,000 1,050,000 $ 2,710.000 hal Entry Fortat Debit Account Credit Acad aers found POH to 2 decimal ports mound at shereh Compute the Company's predetermined overhead rate for Compute the Allocated overlead Compute the uneated of everlocated overhead for the year. (Answer Format Number and then UnderAllocated or Over Alocated) Based on your for "C" record the proper jmmal try to ele verd What is the impact of you jeal try on the Company's net income? Aspe, Decrease, Stays the Same No Change Pleinen someone) Mining her quedion will sie this response Question 7 3 points The Assembly Department started the mouth with 20,000 units in its begining work in process investory. An additional 315,000 units were transferred in fin the price depeltest during the mob to begin pressing in the Anebly Department. There were 260,750 units in the ending work in process inventory of the Assembly Depart How many Units were trosferred to the next processing department during the h Ox74250 0148250 Oc200 750 04315000