Required: (e) Outline two different treatments for the over or underapplied overhead balances when using a job order costing system. + (f) If the Turramurra Furniture Company considers that a variation of $40,000 in the overor underapplication of overhead is material and must be dealt with appropriately in the accounts + is the variation (over or under application of overhead) material? If it is what approach does the company use to adjust the overor underapplication of overhead? (g) The company is concerned with its calculation and application of overhead and has asked you to advise if it should consider using Activity Based Costing as it is considering expanding its product range and its concerns about overhead application. + Required: (e) Outline two different treatments for the over or underapplied overhead balances when using a job order costing system. + (f) If the Turramurra Furniture Company considers that a variation of $40,000 in the overor underapplication of overhead is material and must be dealt with appropriately in the accounts + is the variation (over or under application of overhead) material? If it is what approach does the company use to adjust the overor underapplication of overhead? (g) The company is concerned with its calculation and application of overhead and has asked you to advise if it should consider using Activity Based Costing as it is considering expanding its product range and its concerns about overhead application. +