Question: please answer the required (1,2,3 & 4) thank you! EXERCISE 12.6 The folowing information relates to Gi Limited for 2013: REQUIRED: 1. Calculate the budgeted

please answer the required (1,2,3 & 4) thank you!

EXERCISE 12.6 The folowing information relates to Gi Limited for 2013: REQUIRED: 1. Calculate the budgeted overhead rate based on direct labour hours. 2. Calculate the value of any under-recovered or over-recovered overheads. 3. Prepare a joumal entry to close the manulacturing overhead account to cost of sales. 4. What caused the under-recovered or over-recovered overhead

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