SS Q1. (70%) Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter's production. Show your work clearly for a-i. Materials purchased on account 200,000 Factory wages incurred $125,000 Beginning balance of job A20 Siod Beginning balance of job A21 No beginning balance for A22 and A 22 Materials requisitioned and factory labor used by job Job Number Material Factory Labor A20 2 0.000 25.000 A21 S 0000 15.000 A22 3 0.000 15.000 10.000 .000 General factory u 50.000 45.000 Total 160 000 125.000 A23 SI SONO Factory utilities incurred on account $33,000 Depreciation on factory equipment $21.00 Depreciation on administrative office building $14,00 Depreciation on delivery trucks for administrative office $7,000 lic salaries for assembly line inspectors 525. Sales salaries $15.00 Property taxes on factory building S10OXX Repairs to administrative office equipment 1 Repairs to factory oquipment and building $2.500 Research and development $20.000 Advertising S10,000 Sales Office supplies used $2,770 ITCFO and CEO's secretary salary $12.700 Enos Printing Corp. estimates that annual manufacturing overhead costs will be 151,000,000. Estimated annual operating activity base is direct labor cost (S500,000) jobs completed during the quarter: A20, A21, and A23. 21 Beginning balance of Finished goods $10,000 Ending balance of Finished goods $20.000 Determine the total amount of actual manufacturing overhead incurred in the quarter. b. Determine the total amount of product costs incurred in the quarter. c. Determine the total amount of period costs incurred in the quarter. d. Determine Predetermined OverHead Rate (P.O.H.R). .. Identify Cost of goods manufactured for the quarter. Determine ending balance of WIP. a. Determine Cost of goods sold before you adjust over or undersupplied OH n. Is overhead underapplied or overapplied? Determine Cost of goods sold based on the answer to h. What would be the better way of adjusting for over or under applied overhead than the approach in