Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month. Job 157 and Job K52 involve 15 acres of landscaped terrain which will require special-order sprinker heads to meet the specifications of the project. Using a job cost system to produce these parts, the following events occurred during December. Raw materials were requisitioned from the company's inventory on December 2 for $5,376; on Decenber 8 for $1,119; and on December 14 for $3,663. In each instance, two-thirds (2/3) of these materials were for 157 and the rest for K52. Six time tickets were turned in for these two projects for a total amount of 18 hours of work. All the workers were paid 316.50 per hour, The time tickets were dated December 3, December 9, and December 15, Oneach of those days, 6 labor hours were spent on these jobs, two-thirds (2/3) for 157 and the rest for K52. The predetermined averhead rate is based on machine hours. The estimated muchine hour use for the year is 2,236 hours, and the estimated overhead costs are $943,592 for the year, The machines were used by workers on projects K52 and J\$,7 on December 3,9. and 15. S6c machine hours were used for project KS2 (2 each day), and 8.5 machine hours were used for project 157 (2.5 the fiest day and 3 each of the other days). Both of these special ordens were completed on December 15 , producing 255 sprinkler heads tor 157 and 153 sprinkler heads for K52. Additional job order acthities during this period included: Dec 1 Purchased raw materiais from Durbin Supply Company an sccount for $56,392. Dec 2 issued 542,400 of direct materials from the company/s inventorv to jobs other than k52 and J57 and 53,180 of indirect materials. Dec. 12 Pald Waterway' factory salaries and wages for $68,900 Dec 13 Paid the factory' water bill of $9.540. Dec 18 Transferred $53,000 of costs from other completed jobs to finished goods. Dec 21 Pald thefactorys electric bili of $12,720 for Waterway' factory. Dec: 31 Made adfusting entries for the factory that included accrued property taxes of 512,720 , prepsid insurance of 59,328 . and accumulated depreciation of $ t6,960. 6. Your answer is incorrect. Set up the job cost sheets (Y Job No.J57 and Job No. K52. Determine the total cost for each manufacturing special order for these jobs. (Round unit costs to 2 decimal places, es. 12.25)