4) Troy's "I've Never Missed a Class Excuse Manufacturing Company" uses a job order cost system and applies overhead to production on the basis of direct labor costs. The estimated total costs for 2019 were as follows: Raw materials $800,000 Direct labor $1,000,000 and Manufacturing overhead $600,000. Job # 101 is the only job in process as of January 1, 2019 with Direct material costs of $22,000; Direct labor costs of $90,000 and Manufacturing overhead of $60,000. As of January 1, 2019 Job #100 was completed at a cost of $94,000 and had not yet been sold. They began work in January on Jobs #102 and #103 and completed Jobs #101 and #103. Jobs #100 and #101 were sold in January for $147,000 and $302,000 respectively. They assigned the following direct materials and direct labor costs as follows: Job # 101 - Direct materials - $22,000; Direct labor - $18,000 Job # 102 - Direct materials - $23,000; Direct labor - $22,000 Job # 103 - Direct materials - $38,000; Direct labor $28,000 Required: a) Calculate the overhead application rate using direct labor costs as your base for the year wer2019 b) Prepare job order cost sheets for Jobs 101-102 and 103. c) Determine the total costs for each of these jobs. d) What was the overhead application rate for the previous year using direct labor costs as your base? e) What was the total amount of WIP at the start of the year? f) What is the total amount of WIP at the end of January? g) What was the total amount of finished goods at the start of the year? h) What was the total amount of finished goods at the end of January? i) What is the total gross profit for January?