The Clash Company NORMAL job order coding The company includes bom direct and Indirect materials in its Materials Control account. At the end of 2019, the company had a balance of 58.000 in the Materials Control account. The balance in Work in Process Control the end of 2019 was $15.000 (al charged to Job A. The ending balance for 2019 in Finished Goods Control was $80.000 (which was based on 8.000 units from Job at $10 sach). The company charges ved to jobs using direct labor COST. For 2020, the estimated overhead is $132.000 and the estimated direct labor cost is $88.000 The company worked on 4jobs during 2000. The direct costs charged to these four jobs during 2020 are as follows: Job obc Direct Materiale 25,000 $14,250 $26.000 $12.000 Direct Labor $20,000 $18,300 $40.000 511,700 During 2020, the company purchased $91,000 of total materials. The actual overhead for 2020 was $116.800. This amount included $13.000 of indirect materials used during 2020. During the year 2020, the company completed Jobs A, B and C Job A consisted of 10,000 units, Job consisted of 3.000 units, and Job C consisted of 50.000 units. During 2020, the company sold 6.000 units from Job Z 6.000 units from Job A. ali 3.000 units from Job and 43.125 units from Job C The total sales revenue for the year was $400,000. The period expenses for the year were $105.000 1. Compute the amount of understocated or overallocated overhead for 2020, and whether it is under located or overallocated 2. Prepare, in good foem, a Schedule Cost of Good Manufactured for 2020. You do not need a leading on your schedule 2. Prowein good form, ancome statement for 2020. Asunt the company stunder- overtocated over to Cost of Goods Sold you do not need a heading on your one statement 4. Now assume that the company wants to promote the under located overhead for 2030. If the company prostes based on the total ending balances in the appropriate account.compute PERCENTAGE that would be charged to Cont of Goods Soud Piese show me the momenter and the denominate that you use to compute this percentage, und round the percentage to the nearest percent 5. Now pronate the under er overallocated overheading the motherically correct method. Compute the amount that would be charged o cachappropriate account. Please show all of your work & if the company was using actual costing for the year 2000, compute the screvettes rate for the year. The actual rate is still based on direct labercent 7. Based on your answer in question, how much actual overhead would have been charged to Job D during 2000 Now go back to your win question in the theactically correctament Compute the adjusted amount of overhead in Work in Process at the procation. To do this, take the amount of allocated overhead charged to Job during 2020 igal and then add the adjustment that you computed in question for Work in Process . Which of the following is Your answers in question and question should be the same Year wees in question and question should not be the same