View Assessment HR Managerial Yamuna Fabricating Company uses a job-order costing system and a predetermined overhead rate based on direct labour-hours as the production process heavily relies on a skilled workforce. At the beginning of the year, the company estimated manufacturing overhead for the year would be $568,000 and labour hours would be 40,000 hours. The following information pertains to February of the current year: JOB-X10 JOB-X11 JOB-X12 WIP February 1 $12,900 $16,000 $21,000 Materials used during March 10,800 7,200 8,300 Direct Labour used 3,200 4,800 5,700 Machine hours 390 420 450 Direct Labour hours 2,500 1,700 1,800 Required: [Show your work in detail for full credit] (Round answers to 2 decimal points): A). Calculate the predetermined overhead rate (POHR). [4 marks B). Complete a brief job-order cost sheet for the 3 jobs for February. (Hint: this requires applying overhead using the rate calculated in part 1 above). [10 marks] C). At the end of February Jobs X10 and Job X11 were completed, and Job X11 was sold and delivered to a customer - show the ending balances of the Work in Process and Finished Goods inventory accounts (assume no beginning Finished Goods inventory). [4 marks] D). If actual manufacturing overhead costs are $90,000, what is the amount of overhead variance? Is it Over or Under applied overhead for February? [5 marks]