Question Completion State ORI Graphic Design operates a job-order costing system and applies Overhead to be on the basis of direct materials used in production predetermined overhead was based on a cost formular estimated $900,000 of manutduring overhead for an ad allocation based $600,000 direct material dollars to be used in production. The company has provided the following data for the just comedy Purchase of raw materials $530,000 Direct labour cost 390,000 Manufacturing overhead Co Indirect labour 5160,000 Property taxes $48.000 Depreciation of equipment $250,000 Maintenance 595.000 Insurance 57.000 Rent bulding 5170.000 Raw Materials Work in Process Finished Goode Beginning 530.000 $150,000 $280,000 Ending $60,000 570.000 5400,000 Required 1 Calculate the predelemned overtale for the year. (1 mark) 2. Calodate the direct materials used in production Asuma raw materials are used in production as direct materials (mar) 1. Calculate the amount of unrappled or overapplied overed for the year Specly whether the amounts under applied or overapplied Overhead (1 marks What options are avalable for disposing of underappled or overappiled overhead? (more) Assume that the $70.000 ending balance in Work in Process des $24.000 of Great materials. Given the sumtion determine the direct labour.com below. marts Dvema 524.000 McBook Air 36 sto 18 G 3 . $ 4 X 5 N 03 8 7 -C . 3 8 9 Q W E R T Y U 1 O } 1 . S D F G H J L . > ? Z C