Actual Applied Score: ALT-JOB-COST-SHEET BALANCE OF WIP IS ALWAYS EQUAL TO THE SUM OF THE JOB COST SHEETS FO Work in Process OM 4720 68000 6200 6800 18220 overapplied overhead Job 102 Description: 80 green ties Choose Exercise (1-2) und/over Job 101 Description: 100 red ties Job 103 Description: 120 bluebles Carlin Manufacturing manufactures fancy ties for men and women. Various cloth types and colors are purchased, along with thread and lining. The factory employees assemble the ties and use sewing machi to finish them. The workers are paid by the hour. 1 OM 1 DL 1 DM 1 DL FO Total Job Cost cost Per Unit 1,280 2,300 3.580 At the beginning of the month of January, Carlin estimated that the factory overhead for the entire year would be $120,000 $6,000.00 $68.00 Total Job Cost Cost Per Unit $7,160.00 SR9.50 Total Job Cost Cost Per Unit Additionally, the factory wages for the year were estimated to be $150,000. PREDETERMINED OVERHEAD RATE (POR) = ESTIMATED FO/ESTIMATED DIRECT LABOR COST Job 101: Direct materials used were $1,400 Direct labor was $2,000. Job 102: Direct materials used were $1,280 Direct labor was $2,300 Job 103: Direct materials used were $2,040 Direct labor was $2,400. The factory overhead costs for January include: Factory Supervision: $3,000 Factory Depreciation $2,000 Indirect Materials $1.000 Indirect Labor: Total Actual Factory Overheac $6,800 o what is the predetermined overhead rate? $800