IMPORTANT: Department 1 uses Adjusted Allocation Rate Approach for under/over applied overhead. Department 2 uses 'Proration Approach' for under/over applied overhead. Department 3 uses 'Write-Off Approach for under/over applied overhead. Jobs 100, 101 and 102 are the only jobs that three departments were working on during the month. All jobs are completed but the only Job 100 is sold.

Can someone do part c with full explanation correctly?

Q1: Job Costing David Manufacturing Company employs a job order cost system to account for its costs. There are three production departments, and separate departmental overhead application rates are employed for each department because the operations of the departments are so different. All jobs generally pass through all three production departments. Department 1 uses Adjusted Allocation Rate Approach for under/over applied overhead. Department 2 uses 'Proration Approach' for under/over applied overhead. Department 3 uses 'Write-Off Approach for under over applied overhead. Jobs 100, 101 and 102 are the only jobs that three departments were working on during the month. All jobs are completed but only Job 100 is sold. Data regarding the hourly direct labour rates, overhead rates, and three jobs on which work was done during the month appear below. Information about Production Departments: Manufacturing overhead Direct labour rate application rates Production departments Department 1 Department 2 Department 3 $20.00 80% of direct material cost $24.00 90% direct labour cost $12.00 50% direct labour cost + 50% direct material cost Actual overhead costs $180,000 $30,720 $89,760 Information about jobs: Lob 100 Loh 101 Job 102 $90,000 $6,000 $4,000 $52,000 $10,000 $6,000 $58,000 $28,000 $14,000 Raw Materials costs Department 1 Department 2 Department 3 Direct labour hours Department 1 Department 2 Department 3 1,000 400 3,000 800 500 3,600 600 700 5,000 Required: a) Prepare a job costing report and compute the total cost of all three jobs: 100, 101 and 102 separately. b) Calculate the over or under-applied overhead for all the departments: D1, D2 and D3. Show over applied amount with a - sing (c.g.-10 when ten is negative) and under applied amount with no sign (e.g. 10 when ten is positive). No bracket or word. c) Close the over/under applied overhead accounts of three departments (D1, D2 and D3) at the end of the month by using their selected adjusting methods explained in the question and recalculate the final cost of cach job after adjustment. Show over applied amount with a - sing (c.g.-10 when ten is negative) and under applied amount with no sign (e.g. 10 when ten is positive). No bracket or word should be used. Use actual numbers (with all decimal places) for all calculations but round the final answers to a full unit with no decimal places when you are answering the questions on Canvas. Q1: Job Costing David Manufacturing Company employs a job order cost system to account for its costs. There are three production departments, and separate departmental overhead application rates are employed for each department because the operations of the departments are so different. All jobs generally pass through all three production departments. Department 1 uses Adjusted Allocation Rate Approach for under/over applied overhead. Department 2 uses 'Proration Approach' for under/over applied overhead. Department 3 uses 'Write-Off Approach for under over applied overhead. Jobs 100, 101 and 102 are the only jobs that three departments were working on during the month. All jobs are completed but only Job 100 is sold. Data regarding the hourly direct labour rates, overhead rates, and three jobs on which work was done during the month appear below. Information about Production Departments: Manufacturing overhead Direct labour rate application rates Production departments Department 1 Department 2 Department 3 $20.00 80% of direct material cost $24.00 90% direct labour cost $12.00 50% direct labour cost + 50% direct material cost Actual overhead costs $180,000 $30,720 $89,760 Information about jobs: Lob 100 Loh 101 Job 102 $90,000 $6,000 $4,000 $52,000 $10,000 $6,000 $58,000 $28,000 $14,000 Raw Materials costs Department 1 Department 2 Department 3 Direct labour hours Department 1 Department 2 Department 3 1,000 400 3,000 800 500 3,600 600 700 5,000 Required: a) Prepare a job costing report and compute the total cost of all three jobs: 100, 101 and 102 separately. b) Calculate the over or under-applied overhead for all the departments: D1, D2 and D3. Show over applied amount with a - sing (c.g.-10 when ten is negative) and under applied amount with no sign (e.g. 10 when ten is positive). No bracket or word. c) Close the over/under applied overhead accounts of three departments (D1, D2 and D3) at the end of the month by using their selected adjusting methods explained in the question and recalculate the final cost of cach job after adjustment. Show over applied amount with a - sing (c.g.-10 when ten is negative) and under applied amount with no sign (e.g. 10 when ten is positive). No bracket or word should be used. Use actual numbers (with all decimal places) for all calculations but round the final answers to a full unit with no decimal places when you are answering the questions on Canvas