+ QUESTION FOUR (11 marks) The Dreyton Company uses a job-order costing system and applies manufacturing overhead cost to jobs on the basis of the cost of materials used in production. At the beginning of the most recent year, the following estimates were made as a basis for computing the predetermined overhead rate for the year: Manufacturing overhead cost: $240,000 Direct materials cost: $160,000 Direct materials were requisitioned for use in production totaling $98,000. The following transactions took place during the year (all purchases and services were acquired on account): a.) Salaries and wages incurred as follows: Direct labour: $175,000 I Indirect labour: $70,000 b) Manufacturing overhead cost was applied to jobs as per company policy. c) Cost of goods manufactured for the year: $500,000. Required: i) Prepare journal entries in the general journal below to record the information in a) to c). Show calculations where required. No explanations are required. (9 marks) ii) One of Dreyton's employees works on their assembly line. He is paid $22 per hour for regular time, and time-and-a-half for all work in excess of a regular 40 hour work week. During the pay period just completed the employee reported the following: Idle time due to power outage 5 hours Overtime hours 8 hours (2 marks) The cost to be charged to direct labour would be