A job cost sheet for Oriole Company is shown below.

$($a$)$

Your answer is partially correct.

On the basis of these data, answer the following questions:

What was the balance in Work in Process Inventory on January $1$ if this was the only unfinished job?

The balance in Work in Process Inventory

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If manufacturing overhead is applied on the basis of direct labour cost, what overhead rate was used in each year?

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List of Accounts

$($b$)$

Prepare summary entries at January $31$ to record the current year's transactions pertaining to Job No$.92.($List all debit entries

before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.$)$I want the coreect answer please