Required: 1. Milano Company's predetermined overhead rate for manufacturing overhead is $20 per direct labour-hour, The direct labour rate is $25 per hour. If the budgeted direct labour cost was $625,000, what was the budgeted manufacturing overhead? 2. Zion wants to compute the total cost for preparing a corporate tax return for his cllent. His labour is the only direct cost at $78 per hour. He estimates monthly overhead costs at $9.450 for 189 direct labour-hours. If the tax return requires 14 hours to prepare, what will be the total direct cost, indirect cost, and job cost, respectively? 3. Cooper Corporation had the following account balances at the end of this year: 3-a. Assuming that over- or underapplied overhead is written off to cost of goods sold, prepare the appropriate journal entry. (If no entry is required for a particular transaction, select "No journal entry required" in the first account fleld.) Journal entry worksheet Record entry to close over- or underapplied overhead to cost of goods sold. Note: Enter debits before credits; 3-b. Compute the adjusted balance in the cost of goods sold account. 3-b. Compute the adjusted balance in the cost of goods sold account