Problem 2 - Chapter 2 25 MARKS Dispiron Corporation uses a Job Order costing system. During the month of May 2022, the following details have been provided for Job #32562 (custom-made desks) which was requested on May 4: Raw materials were requisitioned from the company's inventory on May 5 for $3,750 and on May 11 for $5,355. Two time tickets were turned in for this job for a total amount of 16 hours of work. All the workers were paid $25 per hour. The time tickets were dated May 6 and May 12. On each of those days, 8 labor hours were spent on this job. The company's predetermined overhead rate is based on machine hours. The expected machine hour use for the year is 4,500 hours, and the anticipated overhead costs are $517,500 for the year. The machine was used by workers on this job on May 6 and 12. Twelve (12) machine hours were used (6 on each day). This job was completed on May 13, producing 25 units, and transferred to finished goods. This completed job was sold on May 15 for $14,575 on account. Additional job order activities during the month included: May 1 May 2 May 3 May 14 Purchased raw materials on account for $53,200. Issued $40,000 of direct materials from the company's inventory to jobs other than # 32562 and $3,000 of indirect materials. Factory Labour costs incurred were $37,500, of which $32,500 pertained to factory wages payable and $5,000 to employer payroll taxes payable. Transferred $30,000 of costs from other completed jobs to finished goods. Required: a) Complete the job cost sheets for Job No. # 32562 (on the template provided below). Determine the total cost of this order, as well as the total cost per unit. NOTE: The pre-determined overhead rate must be calculated to compute manufacturing overhead assigned to the job. 10 Marks b) In date order, journalize the activities from this job cost sheet and the other costs that occurred during the month, in the general journal. 15 Marks (NB: There are 12 entries in total)