see attachment, ASAP, I will provide question b and c when you have finished question a. If I am satisfied with answer, I will pay you other questions.

The following data were taken from the records of Cougar Enterprises, a Canadian manufacturer that uses a nomialjob-order costing system: Diem matiaials $1M $2,400 Died iabou 1,200 2,400 Appied ovuhad 600 1,350 Total 0 During December, the company worked on jobs numbered 70 through 90 and incurred the following costs: Diectmatelials $600 $900 $1,200 $1,350 $1,500 $5,550 Diemlabou $750 $1,500 $3,000 $2,250 $6,000 $13,500 Diemlabouhous 50 100 209 150 400 909 Additional iniomiatmn: 1. Total overhead costs are applied to jobs on the basis of direct labour hours worked. At the beginning of the year, the company estimated that total overhead costs for the year would be $150,000, and the total labour hours worked would be 12,500. 2. The balance In the Departmental Overhead Control account on December 1 was $160,010. Actual direct labour hours for the previous 11 months (January through November) were 11,250. 3. There were no jobs in nished goods on December 1. 4. apenses rur December were as follows (not yet recorded in the books of aocount): {WT-'9'.\" Diect matelials DlId'IEIBE-d $2,500 Salaries Produdjon dEl'k 1,500 Supervisor 2,200 Deprecialjon [plant and eminent) 2,490 Factor}:r supplies 1,500 Sales stalf salalies 9,200 Utilities (factory) 1,800 Adnilistralive expenses 9,500 $35,590 The compan'glr writes off all under or overapplied overhead to Cost of Goods Sold at the end of the year. Jobs numbered }'0, 80, 85, and 90 were completed during December. Only Job 90 remained in nished goods on December 31. The compa nv charges its customers 250% of total manufacturing cost. Cost of goods sold to December 1 was $358,250. \f} ('3) me pan; or we: quesb'an must be completed in order. This part M?! be avaifable when you mmpfete [be part above. } (C) The parts or this quesbbn must be mmpletad In order. This part M\" be available when m. mmplete bhe part above. V (b) Prepare the summary jnumel entn'es tn the central amuunts required to recnrd all the transactions fur December that relate tn production. (Credit amount titles are automatically indented when the amount i5 entered. Do not indent manually.) Account nus and Bmlanation Credit (To record pudrase oiraw materials on amorltt) (To assigl labor; to jobs and overhead.) (To record completion ofjobs) (To record maniaml'ng overhead costs imred} Solution-a 1 2 3 4 The predetermine overhead rate used to apply overhead to product The cost of ending work in process inventory The cost of goods manufatured in December The unadjusted gross margin for december $12 $9,750 $32,400 $30,150 Account Titles & Explanation Raw material inventory Accounts Payable (To record purcharse of raw material on account) Debit $7,500 Work in process Inventory Manufaturing overhead Direct labour Salaries Payable (To assign labour to jobs and overhead) $5,500 $10,800 $13,500 Cost of goods manufatured Work in process inventory (To record completion of job) $32,400 Manufaturing overhead Salaries Accounts Payable (To record manufaturing overhead costs incurred) $5,790 $3,700 Solution-b Credit $7,500 $29,800 $32,400 $9,490 1r {E} Calculate the under er everapplied everheatl fer the year. ve-head _E What effect weuld thi5 ameunt have on net inceme? \"ermine wi he Em: _. Solution-a 1 2 3 4 The predetermine overhead rate used to apply overhead to product The cost of ending work in process inventory The cost of goods manufatured in December The unadjusted gross margin for december $12 $9,750 $32,400 $30,150 Account Titles & Explanation Raw material inventory Accounts Payable (To record purcharse of raw material on account) Debit $7,500 Work in process Inventory Manufaturing overhead Direct labour Salaries Payable (To assign labour to jobs and overhead) $5,500 $10,800 $13,500 Cost of goods manufatured Work in process inventory (To record completion of job) $32,400 Manufaturing overhead Salaries Accounts Payable (To record manufaturing overhead costs incurred) $5,790 $3,700 Overhead Net Income will be increased by $19,760 $20,700 Solution-b Solution-c Credit $7,500 $29,800 $32,400 $9,490 Underapplied \fYour answer is partially correct. Prepare the summary:r journal entries to the control accounts required to record all the transactions for December that relate to production. ( Credit account titles are automatically indented when the amount 1'5 entered. Do not indent man uay.) Account Tides and Explanation Debit Credit J J Raw Materials Invento EDD ' 1f wf }'500 Accounts Paya ble [I'o record purchase at raw materials on accotnt) 1' Work in Process Inven 550 i':l E 13500 51. | 29300| {To assign labour to jobs and overhead.) . 1. Cost of Completed WI: 32400 1' Work in Process Inven' 32400 [to record completion of jobs) m- Manuractunnuoveme | moi m- n- _l _I J E. {To record manufacturing overhead costs incurred) 1f | I Manufacturing Dverhe 'f Factor'gur Labour El . Salanes Payable I ll I'I