2.9. The Work in Process inventory account of a manufacturing company shows a balance of $2,400 at the end of an accounting period. The job cost sheets of the two uncompleted jobs show charges of $400 and $200 for direct materials, and charges of $300 and $500 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of: A. 80% B. 125% C. 300% D. 240% 2.7. Fortner Company has no beginning work in process; 9,000 units are transferred out and 3,000 units in ending work in process are 1/3 finished as to conversion costs and fully completed as to materials cost. If total material cost is $60,000, the unit materials cost is: A. $5.00 B. $5.45 rounded C. $6.00 D. No correct answer is given