14. Fowler Company is a job-order costing company that produces customized bicycles. During the month of October, Fowler had three jobs in process, Jobs 3, 4, & 5. By the end of the month all three jobs had been completed, with Job 3 being sold for $435. The following costs belong to each job: Job 3 Job 5 S 80 100 Job 4 $ 75 110 132 $317 Direct materials Direct labor Applied overhead Total $ 85 95 120 114 $300 $294 4. Overhead is applied based on direct labor dollars. What is the overhead rate? What rate does Fowler use to price its jobs? What is the gross margin on Job 3