Questions 7 to 11 Job costing - 5 points Analysis of job order.cost sheets The Speedy Print Shop does a wide variety of printing work on custom basis. For this reason, the company uses border costs. During the month of May. six jobs were worked on Overhead is based on a percentage of direct labour cost A summary of the job cost sheets on these jobs is given below All amounts are as at the end of May. Job number #216 217 #218 1212 1220 1221 Direct Materials $410 $850 $110 $1,500 $950 $270 Direct Labour 360 790 85 1140 850 115 Factory OH Applied 288 632 68 912 680 92 Total cost of Job-to- $1,058 $2,272 $263 $3,552 $2,480 date $477 Ending WIP Job 216 was the only job in process at the beginning of the month. Total cost of Job-to-$1.058 $2.272 5263 $3.552 $2ABO date 1477 Ending WP Job 216 was the only job in process at the begins of the month At that time, Job 216 had incurred direct labour costs of $150, and total costs of $570 Utrom April) additional costs were added during May and it was completed. The figures for Job 216 above chart currently include amounts from the beginning of the month. Hint: First calculate what was applied (added) to Job 216 in the current month May Job 221 is the only job in ending "Work In Process." D Question 7 Assume that during May factory overhead was over applied by $600. What was the actual overhead cost incurred during the month? O $2,072 $2,672 $1.952 Init 2 Clace Fve vlev Init Class 3 exer xlsx Minit 3 Class 3 exer