A new company started production. Job 10 was completed, and Job 20 remains in production. Here is the information from job cost sheets from their first and only jobs so far: Job 10 Hours Total Cost Direct materials $765 Direct labor 65 1,235 Manufacturing overhead 52 Total cost $2,052 Job 20 Hours Total Cost Direct materials $155 Direct labor 120 2,280 Manufacturing overhead 96 Total cost $2,531 Using the information provided, A. What is the balance in work in process? B. What is the balance in the finished goods inventory? C. If manufacturing overhead is applied on the basis of direct labor hours, what is the predetermined overhead rate? Round your final answer to nearest cent. per direct labor hour