(c) (d) (e) F) (b) 8:52 AM Sat 4 Nov GRADING: Computations Understanding Procedures/Algorithm Presentation Total 50 marks 4 marks 4 marks 2 marks 60 marks Don't wait for your boat of success to come in; row out to meet it uriel Salmon GROUP Assignment_Product Costing PART 1 Job 551 Job 552 Job 553 Job 554 web.whatsapp.com (25 marks) Kirpalani Stores manufactures customized household furnishings. The company uses a perpetual inventory system and has a highly labour-intensive production process, so it assigns manufacturing overhead based on direct labour cost. Kirpalani expects to incur $2,205,000 of manufacturing overhead costs and estimated direct labour costs of $3,150,000 during 2019. At the end of December 2018, Kirpalani reported work in process inventory (Job 551) of $93,000 The following events occurred during January 2019. i) Purchased materials on account, $392,000. ii) Incurred manufacturing wages of $400,000 iii) Requisitioned direct materials and used direct labour in manufacturing. Direct Material