Required information [The following information applies to the questions displayed below.] Stellar Sound, Incorporated, which uses a job-order costing system, had two jobs in process at the start of 201 : job number 64($84,200) and job number 65($53,400). The following information is avallable: a. Thn company applies manufacturing overhead on the basis of machine hours (based on practical capacity). Budgeted overhead and machine activity for the year were anticipated to be $808,000 and 16,000 hours, respectively. b. The company worked on four jobs during the first quarter. Direct materials used, direct labor incurred, and machine hours consumed were as follows: c. Manufacturing overhead during the first quarter included charges for depreciation ($33,700), indirect labor ($60,000), indirect materials used ($5,100), and other factory costs ($139,700). d. Stellar Sound completed job number 64 and job number 65 . Job number 65 was sold on account, producing a profit of $34,700 for the firm. 4. Did the finished-goods inventory increase or decrease during the first quarter? By how much? Note: Do not round intermediate calculations. 5. Was manufacturing overhead under- or overapplied for the first quarter of the year? By how much? Note: Do not round intermediate calculations. 3. Determine the cost of jobs still in production as of March 31