1.500 Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending balance of WIR Finished Goods, and COGS At the beginning of June, Rhone Company had to jobs in process, 3ob 14 and Job 45, with the following accumulated cost information Job 44 Job 45 Direct materials 15,400 51.550 Direct labor 2,900 Applied overhead 2,175 Balance, June 1 $3,025 $6,625 During June, two more Jobs (46 and 47) were started. The following direct materials and direct labor costs were added to the four job during the month of Tunel Job 44 Job 45 Job 46 Job 47 Direct materials $2,500 17.090 51,050 $1,750 Direct labor 760 6,340 000 620 At the end of June, Jobs 44, 45, and 47 were completed. Only Job is was sold. On June 1, the balance in Finished Goods was zero Required: 1. Calculate the overhead rate based on direct labor cont The overhead rate based on direct labor cost is 2. Prepare a brief job-order cost sheet for the four 50s Show the balance as of June 1 as well as direct mater and director added in June, Apply overhead to the foors for the month of June and show the enging balances. All amount cells must have an entry, enter zeros as needed 2. Prepare a brief job-order cost sheet for the four jobs. Show the balance as of June 1 as well as direct materials and direct inter added in June. Apy whead to the four jobs for the month aftur and show the ending balances. Al amount oalls must have an entry, anterreos as needed Rhone Company Job-Order Cost Sheets For the Month of June Job 44 Job 45 Job 46 Job 47 Beginning balance, June 1 Direct materials Direct Inbor Applied overend Total, une 30 3. Calculate the ending balances of Work in Process and Filthed Goods as of sune 30. Work in Process Finished Goods 4. Calculate the cost of Goods Sold for June II:0 Cost of Goods Sold