The Williams Company is a job shop specializing in the manufacture of high quality machined brass products. The company uses a normal costing system. They make pumps, valves, and flow controllers in two departments: machining and assembly. The accounting system uses two direct cost categories: DM and DL. Indirect costs are accumulated in each department as manufacturing overhead. In the machining department, Indirect costs are allocated to jobs on the basis of machine hours. In the assembly department, the cost driver is DL dollars. Data about the current year is presented below. budget actual machining assembly machining assembly DM $500,100 $12,860,000 $490,200 DL $11,275,000 $970,000 $10,660,000 $4,323,000 $1,065,000 $4,370,000 manufacturing overhead $5,490,000 $13,250,000 $5,540,000 machine hours 205,400 31,300 250,200 29,600 During the month of January, the cost record for job 431, a leading customer for the Williams Company, shows the following: machining assembly DM $16,150 $1,100 DL $890 $3,850 machine hours 150 20 (1) Cakulate the total manufacturing cost for the Vortech (polos) mechini assembly DM $16,150 $1,100 DL $890 $3,850 manufacturing overhead (applied or allocated) total manufacturing cost (2) Cakulate the over or under applied oH for machining and assembly for the current year. (4 points) machining assembly points OH applied OH incurred Over or Under applied OH (3) Provide the journal entry for over/under applied OH in machining. 12 points) points (4) Provide the journal entry for over/under applied OH in assembly, 12 points) points