Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month. Job J57 and Job K52 involve 15 acres of landscaped terrain, which will require special-order, sprinkler heads to meet the specifications of the project. Using a job cost system to produce these parts, the following events occurred during December.

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*Waterways Problem 15 a-c Waterways has two major public park projects to provide with comprehensive irrigation in one of its service locations this month. Job 357 and Job K52 involve 15 acres of landscaped terrain, which will require special-order, sprinkler 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 $5,067; on December 8 for $1,065, and on December 14 for $3,459. In each instance, two-thirds (2/3) of these materials were for 357 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 $17.5 per hour. The time tickets were dated December 3, December 9, and December 15. On each of those days, 6 labor hours were spent on these jobs, two-thirds (2/3) for 357 and the rest for K52. The predetermined overhead rate is based on machine hours. The expected machine hour use for the year is 2,097 hours, and the anticipated overhead costs are $830,412 for the year. The machines were used by workers on projects K52 and 57 on December 3, 9, and 15. Six machine hours were used for project K52 (2 each day), and 8.5 machine hours were used for project 357 (2.5 the first day and 3 each of the other days). Both of these special orders were completed on December 15, producing 200 sprinkler heads for 257 and 100 sprinkler heads for K52. Additional job order activities during this period included: Dec. 1 Purchased raw materials from Vaughn Supply Company on account for $53,400. Dec. 2 Issued $40,300 of direct materials from the company's inventory to jobs other than K52 and 57 and $3,100 of indirect materials. Dec. 12 Paid Waterways' factory salaries and wages for $64,700. Dec. 13 Paid the factory's water bill of $9,100. Dec. 18 Transferred $50,300 of costs from other completed jobs to finished goods. Dec. 21 Paid the factory's electric bill of $11,900 for Waterways' factory. Dec. 31 Made adjusting entries forth factory that included accrued property taxes of $12,100, prepaid insurance of $8,900, and accumulated depreciation of $16,100. Set up the job cost sheets for Job No. 357 and Job No. K52. Determine the total cost for each manufacturing special order for these jobs. (Round unit costs to 2 decimal places, e.g. 12.25.) Set up the job cost sheets for Job No. 57 and Job No. KS2. Determine the total cost for each manufacturing special order for these jobs. (Round unit costs to 2 decimal places, e.g. 12.25.) Jab No. 357 Jab No. K52 Total Cost Unit Cost Journalize the activities from these job cost sheets in the general journal. Also, oumalize the other couts that occurred during this period. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in problem. Round answers to o decimal places, e.g. 5,275.) Date Debit Credit 1 12/ R Account Titles and Explanation aw Materials Inventory Accounts Payable 12/2 Work in Process Inventory work To assign materials to jobs 357 & 2) TO Sign materials to jobs and overhead) 123 To ass on labor to jobs.57 & K52) 12/3 LI TO SO Overhead to jobs 357 & K52) 12/9 To assign labertos 357 & K52) 12/2 To assion overhead to jobs 257 & K52) 12/14 12/15 12/15 To ass on laberto obe & K52) (To assign overhead to jobs 357 & 152) (To record completion of jobs 357 & K52) 12/31 Assuming that Manufacturing Overhead has a debit balance of $3,600, determine whether overhead has been under/over applied and make the adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit