4. Following is partial information for Delamunte Industries for the month of August: Work In Process eBook Balance, August 1 Direct materials used Direct labor $ 123,000 124,800 163,000 Manufacturing overhead applied (based on direct labor cost) Jobs finished during August are summarized here: Cost of Jobs Completed 149,000 Print Job # 234 237 231 Ferences 246 $ 71,950 41,800 59,000 24,000 Required: At the end of August, only one job, Job 248, was still in process. The direct labor cost incurred on Job 248 as of August 31 was $24,800. 1. Calculate the predetermined overhead rate that was used to apply manufacturing overhead to jobs during August. 2. Determine the balance in Work in Process at the end of August. 3. Determine how much of the direct materials cost and applied overhead would be recorded for Job 248 as of August 31. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the balance in Work in Process at the end of August. Work in Process 4 Following is partial information for Delamunte Industries for the month of August: Work In Process Balance, August 1 Direct materials used .65 oints eBook Print Direct labor Manufacturing overhead applied (based on direct labor cost) $ 123,000 Jobs finished during August are summarized here: Job # 234 237 231 246 Cost of Jobs Completed $ 71,950 41,800 59,000 24,000 124,800 163,000 149,000 References Required: At the end of August, only one job, Job 248, was still in process. The direct labor cost incurred on Job 248 as of August 31 was $24,800. 1. Calculate the predetermined overhead rate that was used to apply manufacturing overhead to jobs during August. 2. Determine the balance in Work in Process at the end of August. 3. Determine how much of the direct materials cost and applied overhead would be recorded for Job 248 as of August 31. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine how much of the direct materials cost and applied overhead would be recorded for Job 248 as of August 31. Note: Round your "Predetermined Overhead Rate" to 2 decimal places. Direct Materials Cost Applied Overhead