a The Patel Company is a job-order costing firm that uses a plantwide overhead rate based on direct labor hours. Estimated information for the year is as follows: Overhead $775,000 Direct labor hours 100,000 Patel worked on five jobs in July, 2016 Data are as follows: Job 210 Job 211 Job 212 Job 213 Job 214 Balance, June 1 $42,750 $75,770 $29,625 $35,440 SO Direct Materials Cost 27,500 39,800 24,450 13,600 18,420 1 Direct Labor Cost 60,000 28,500 41,500 23,000 21,300 Direct Labor hours 4000 1,900 2,700 1,500 1,400 By the end of July, Jobs 210 and 212 were completed and sold at cost plus 30% of cost. The remaining jobs were in process. Required: a. Calculate the plantwide overhead rate for the Patel Company. 5 points Patel worked on five jobs in July, 2016 Data are as follows: Job 210 Job 211 Job 212 Job 213 Job 214 Balance, June 1 $42.750 $75,770 $29,625 $35,440 $0 Direct Materials Cost 27,500 39,800 24,450 13,600 18,420 Direct Labor Cost 60,000 28,500 41,500 23,000 21,300 Direct Labor hours 4000 1,900 2,700 1,500 1,400 By the end of July, Jobs 210 and 212 were completed and sold at cost plus 30% of cost. The remaining jobs were in process. Required: a. Calculate the plantwide overhead rate for the Patel Company, 5 points b. Prepare a Schedule of Production Activities showing all costs through July 31. 20 points c. Prepare a schedule of the balance in Work in Process on July 31 10 points d. Prepare a Schedule to show the Cost of Goods Sold for July 10 points e. Prepare a Schedule of the total selling price of Jobs sold. 10 points