A job order cost sheet for Blossom Company is shown below. (a) On the basis of this data, answer the following questions. (1) What was the balance in Work in Process inventory on January 1 if this was the only unfinished job? Balance in Work in Process Imventory on lanuary 1 ; (2) If manufacturing overhead is applied on the basis of direct labor cost. what overhead rate was used in each vear? (Round answers to 0 decimal ploces, es. 55\%) amount is entered. Do not indent evonually