urgent

K-Co Company uses a job order costing system in its factory. When the 2021 budget was being prepared K-Co estimated that they would require 80,000 machine hours (MH's) which it will use as their overhead allocation base. Total estimated manufacturing overhead for 2021 is $6,000,000. The May balance sheet showed the following inventory balances: Work in Process (Job 998) $3,600 Finished Goods (Job 997) $28,000 The GL showed that during June K-Co purchased $48,000 of raw materials and sold jobs 997 and 998 During the month of June actual costs incurred were: DM used DL used Actual MOH Total MH used Job 998 14,000 22.000 7,500 43,500 90 Job 999 18,000 25,000 10,000 53,000 200 During June jobs 998 and 999 were completed. d) Did job 998 have under or over applied MOH? How much? (2 marks) A B I iii MacBook Pro 3 96 5 0 > 8 7 W 8 E R T S D