2. Connie Enterprises has a job costing system. The following items appeared in the Work in Process account during February 2019: February 1, 2019, balance $ 20,000 Raw materials placed into production Direct labor (4.000 hours) 120,000 Factory overhead applied 96,000 Cost of goods manufactured 420,000 February 28, 2019, balance 26,000 Connie Enterprises applies overhead based on direct labor hours. Job A, the only job in process on February 28, used 200 direct labor hours. Additionally, sales and selling & administrative expenses were $790,000 and $125,000, respectively. The income tax rate was 30 percent. Required: a. Calculate the predetermined factory overhead application rate for Connie Enterprises. b. Calculate the amounts of raw materials, direct labor, and factory overhead included in the ending work in process balance. c. Calculate the amount of raw materials placed into production during February 2019. d. Calculate the gross margin assuming that the finished goods inventory increased by $5,000 during the month. c. Calculate the after-tax net income