Required information [The following information applies to the questions displayed below.) Ozuna Company uses a job-order costing system with a plantwide predetermined overhead rate based on direct labor. hours. For job costing purposes, it uses an average direct labor wage rate of $20 per hour. The company has been struggling financially, accordingly, it has asked you to conduct a job profitability study beginning with a thorough critique of its existing cost system. To keep the scope of your project manageable, you have chosen a subset of 12 jobs from the many jobs completed by the company during the year. Your goal is to complete the table shown below and comment on the insights that it provides: Direct Direct Applied Total Job Gross Job Sales Materials Labor Overhead Cont Margin $ 2,400 2 2 2 7 2 2 $ 5,400 ? 2 2 2 7 3 $ 9,000 2 ? 2 2 2 $ 1,450 2 2 7 2 2 $ 2,200 2 2 2 7 2 $ 7,000 ? 2 2 7 2 $ 1,700 2 ? 2 2 $ 1,600 7 2 ? 2 $ 8,000 7 2 2 2 ? $ 4,100 2 7 2 $ 3,200 2 7 $ 2,800 2 Click here to download the Excel template, which you will use to answer the questions that follow. Click here for a brief tutorial on Pivot Tables in Excel Click here for a brief tutorial on VLOOKUP in Excel Required: 1. Go to the tab titled "Direct Materials Requisitions": . Using Pivottable calculate the total direct materials cost for each of the 12 loh Required: 1. Go to the tab titled "Direct Materials Requisitions.": a. Using PivotTable, calculate the total direct materials cost for each of the 12 jobs. b. What is the total direct materials cost for Jobs 5 and 11? Job 5 Job 11 The total direct materials cost is 2. Go to the tab titled "Direct Labor Summary": a. Using PivotTable, calculate the total direct labor cost and total direct labor-hours for each of the 12 jobs. b. What is the total direct labor cost for Jobs 3 and 10? c. What are the total direct labor-hours for Jobs 3 and 10? Complete this question by entering your answers in the tabs below. Reg 2B Reg 2C What is the total direct labor cost for Jobs 3 and 10? Job 3 Job 10 The total direct labor cost is 2. Go to the tab titled "Direct Labor Summary": a. Using PivotTable, calculate the total direct labor cost and total direct labor-hours for each of the 12 jobs. b. What is the total direct labor cost for Jobs 3 and 10? c. What are the total direct labor-hours for Jobs 3 and 10? Complete this question by entering your answers in the tabs below. Req 28 Reg 20 What are the total direct labor-hours for Jobs 3 and 10? Job 3 Job 10 The total direct labor hours are
