The Chompy company uses a job order costing system

The Chompy company uses a job order costing system and has the following information for the month of March 2010:Direct labor and direct materials used:Job No. Direct Material Cost Direct Labor Hours1887 18,000 1,3921906 11,520 1921907 4,980 2161908 4,140 5041909 7,824 2881911 3,696 1201912 10,020 360Total 60,180 3,0721. The direct labor wage rate is $10 per hour. (Reflects latest negotiated union labor contract agreement)2. The direct labor benefit factor is $8 per hour. (Include in D/L total costs per accounting manual directive)3. The overhead rate is 250% of direct labor cost4. Actual overhead costs for the month, $115,960.5. Jobs completed: Nos. 1887, 1908, and 1909.6. Jobs completed last week of March: 1899, 1901, 1902, 1904, 19057. Jobs 1900 and 1903 were cancelled due to change orders and reinstated as 1911 & 19128. The factory had no work in process at the beginning of the month.Required: Using the templates provideda. Prepare a summary that will show the cost assigned to each job.b. Compute the amount of overhead over- or underapplied during the month.c. Calculate the cost of the work in process at the end of the month.