Waterways has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month. Jo 357 and JobK52 involve 15 acres of landscaped terrain, which will require special-order, sprinkler heads to meet the specifications o: 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 $5,019; on December 8 for $1,062; and on December 14 for $3,486. 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 $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 157 and the rest for K 52. The predetermined overhead rate is based on machine hours. The expected machine hour use for the year is 2.114 hours, and the anticipated overhead costs are $837,144 for the year. The machines were used by workers on projects K 52 and 157 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 157 (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 357 and 100 sprinkler heads for K52. Additional job order activities during this period included: Dec. 1 Purchased raw materials from Durbin Supply Company on accourit for $53.400. Dec. 2 Issued $40,200 of direct materials from the company's inventory to jobs other than KS2 and $57 and $2,900 of indirect materials. Dec 12 Paid Waterways factory salaries and wages for $65.600. Dec 13 Paid the factory's water bill of $9.000. Dec. 18 Transferred $50.400 of costs from other completed jobs to finished goods. Dec. 21 Paid the factory's electric bill of $12,000 for Waterways'factory. Dec. 31 Made adjusting entries forth factory that included accrued property taxes of $12,000, prepaid insurance of $8,900, and accumulated depreciation of $15.800. Set up the job cost sheets for Job No. 157 and Job No. K52. Determine the total cost for each manufacturing special order for these jobs. (Round unit costs to 2 decimal places, eg. 12.25.) \begin{tabular}{|l|} \hline53000 \\ \hline \end{tabular} 5019 (To assign materials tojobs 157 \& K52) 12/2 Workin Processinventory 37300 (To assign materiats to jobs and overhead) 5019 ManufacturineOverhead 2900 RinwMaterials inventory \begin{tabular}{|l|} \hline \\ \hline 40200 \\ \hline \end{tabular} \begin{tabular}{|l|r|r|} \hline WorkinProossinventory & 315 \\ \hline \end{tabular} Solaries and Wages Pryable assign labor to jobs J57 8 K52) (To assign labor to jobs J57 \& K52) Workin Procissimentory Markfacuring Owerhead \begin{tabular}{ll} 1782 \\ \hline \end{tabular} (To assign overhead to job5 357 \& KS2) 12/8 Workin Processinientory \begin{tabular}{rr} \hline & 1082 \\ \hline \end{tabular} RawMaterials lrustitory 12/9 Workin Process irwentory \begin{tabular}{|l|l|} \hline & 315 \\ \hline \end{tabular} Silaries and Wagea Payable (To assign labor to jobs 357 \& K52) \begin{tabular}{|l|l|l|l|l|} \hline 129 & Workin Processimventory & \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline 1900 \\ \hline \end{tabular} Manufacturingoverhead 1990 (To assign overhead to jobs 157 \& K52): Assuming that Manufacturing Overhicad has a debit balance of 53,500 . determine whether overhead has bean under /over appicd and make the edjusting entry. (c