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Question 1: Tata Motors produces trucks for commercial use. The company uses a normal job-order costing system to calculate its cost ofgoods manufactured. On January 01, 2019, there was only one job In process with the following costs: lob Al Direct materials $ 5.000 Direct labour 15.000 Applied overhead 30,000 Total 550,000 The following balances were taken from the general ledger ol the company as of January 1, 2019: Direct materials inventory $35,000 Finished goods inventory [for Job 071) $65,000 During the year 2016, the following events occurred: Direct materials were purchased on accountfor $275,000 Two more jobs were started: lob Bil and Job C71. Direct materials and direct labour costs incurred by each job in process during the year 2019 are as follows: Job A-l lob B-l Job (5-1 Direct Materials $150,000 $30,000 $10,000 Direct Labour $150,000 $35,000 $15,000 The company incurred the following actual factory overhead during the year: Factory rent $120,000 Factory supplies 5 5,500 Indirect labom 5 75,750 Jobs A-1 and 5-1 were completed, and Jobs D-1 and A-1 were sold. a. calculate the total applied overhead for the year 2019 If the factory overhead costs are applied to eachjob on the basis of direct labour dollars. [2 Marks] b. Determine whether overhead is over-applied or under-applied. By how much? [2 Marks] c. Prepare simple Job order cost sheets for Jobs A-l, 3-1, and C-1. [3 Marks] d. Prepare a schedule of cost of goods sold, Identifying both normal and adjusted cost of goods sold, for the year ended December 31, 2015. [6 Marks] Question 2: Alberta Company makes radios that sell for 540 each. For the coming year, management expects fixed costs to total $200,000 and variable costs to be $20 per unit. a. Calculate the break-even point in dollars. [1 Mark] b. Calculate the sales dollar required to earn operating Income of $120,000. [1 Mark] Question 3: Trump Manufacturing produces and sells water filtration systems for homeowners. Information regarding Its three models Is shown below. Basic Basic Plus Premium Total Units sold 340 350 210 1.400 Selling price $250 $400 $800 Variable cost $170 $260 $550 The company's total fixed costs to produce the filtration systems are $160,000. a. Determine the overall breakeven point for the company In sales dollars. [4 Marks] b. Determine the total number of units the company must produce to break even. [4 Marks] c. Determine the number of units of each model that the company must produce to break even. [2 Marks]