Waterwiys has two major public-park projects to provide with comprehensive irrigation in one of its service locations this month. Jeb 157 and Job K52 involve 15 acres of landicaped terrain, which wilt require speciaf-order, sprinkler heads to meet the specifications of the project. Using a job cost svitem to produce these parts, the following events occurred during December. Riw materials were requis tioned from the compawys liventory on December 2 for $5,028; on December b3 for 51.068 and on December 14 tor $3,471. 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 5165 per hour The time tickets were dated December 3, December 9 , and December 15 . On each of those days, 6 labor hours were ipent on these fobs, two-thinds (2/3) for J57 and the rest for K52. The predetermined overhead rate is based on machine hours. The expected machine hour use for the year is 2.094 hours. and the anticipated overhead costs are $829.224 for the year. The machines were used by workers on projects K52 and 557 an December 29. and 15.5x machine hours were used tor project K52Z each dwh and 8.5 machine hours were ujed for project J57 (2.5 the first diyy and 3 esch of the other dav). Both of these special orders were completed on December 15, producing 200 sprinkler heads for 157. and 100 sprinkler heads for K52. Additional job order activities during this period included: Dec 1 Purchsied rawinaseriak from Durbin Supply Company on accoun for $53,000 Dec. 2. Issued 540.000 of direct materiali from the corpanys impentory to jobs othee than K52 and 357 and 5.1 too of indirect materiak. Decc 12. Paid Walerways' tactery salaries and wages for 564,700. Doc. 10 Daid the fictory water bill 0159,000 Dee in Tramferred \$49,700 of contsfrom other complesed jotes to finished coods Dec. 31 Made adfunting entries forth factory that included accrued property taxes of $11.900 prepaid insur ance of $ be eoo. and accurudated depreciation of $16,000 Set up the joh cost theets for Job No. 157 and Job No. K52. Determine the totai cost for each manufacturing speciat order for these jobs, (Round unit ceats to 2 decimal places, e.g. 12.25.) Journalize the activities from these job cost sheets in the general journal Also, journalite the other costs that occurred during this poriod. (Credit occount tities are autometically indented when amount is entered. Do not indent manually: Recerdjournal entries in the order preiented in the problem, Round answers te 0 decimal places, e.s.5,275.) (7o assign labor to jobs J57 a k52) (To assign cvehead to Jobs 3578 K52) (To assign Wbor to jobn 357 a 52 ) (To assign oveited to jobs 357652 ) (To assign overhead to jobs 3578 a 52 ) (To asipn labor to jobs 257 \& S2) (To stegn ovethed to kos is? a k52 ) (To assign overhead to jobs 357 \& KS2 ) (To record completion of jobs J57 \& 52.) Assuming that Manufacturing Overhead has a debit balance of $3.700, determine whether overhead has been under/over applied and make the adjustingentry. (Credit occount tities ore outomatically indented when amount is entered. Do nat indent. manuallyJ
