2 different questions here

Simon Company's year-end balance sheets follow. 2017 2016 2015 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 27,184 $ 32,728 $ 77,210 56,718 96,087 72,010 8,842 8,091 251, 415 227,641 $ 460,738 $ 397,188 $ 32,126 42,406 46,079 3,641 200, 248 324,500 $ 115,871 $ 67,796 $ 43,691 85,753 163,500 95,614 $ 460,738 91,353 163,500 74,539 $ 397,188 $ 69,563 163,500 47,746 324,500 Express the balance sheets in common-size percents. (Do not round intermediate cal nswers to 1 decimal place.) SIMON COMPANY Common-Size Comparative Balance Sheets Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2015 2017 2017 2016 2015 OSHEE Assets Cash RE Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long term notes payable secured by mortgages on plant assets Common stock $10 par Retained earnings Total liabilities and equity og 00 Lorenzo Company uses a job order costing system that charges overhead to jobs on the basis of direct materials cost. At year-end, the Work in Process Inventory account shows the following Credit Balance Explanation 2017 Dec. 31 Direct materials cost 31 Direct labor cost 31 Overhead applied 31 To finished goods Debit 1,700,000 200.000 210.ece 595.000 1,700,000 1,910,000 2.505.009 95,880 2,410, 000 1. Determine the predetermined overhead rate used (based on direct materials cost). 2. Only one job remained in work in process inventory at December 31, 2017. Its direct materials cost is $28,000. How much direct labor cost and overhead cost are assigned to this job? Complete this question by entering your answers in the tabs below. uestion by entering your answers in the tabs below. Required 1 Required 2 torial cost). Determine the predetermined overhead rate used (based on direct material cost). Overhead Rate Overhead Rate Choose Denominator: Choose Numerator: Overhead Rate 8 earch Required 1 Required 2 Only one job remained in work in process inventory at December 31, 2017. Its direct materials cost is $28,000. How much direct labor cost and overhead cost are assigned to this job? Total cost of job in process Direct labor cost o Bt 9 00