answer all parts please

eBook Calculator Predetermined Overhead Rate, Application of Overhead to Jobs, Job Cost On April 1, Sangvikar Company had the following balances in its inventory accounts: Materials Inventory $12,930 Work-in-Process Inventory 21,690 Finished Goods Inventory 8,960 Work-in-process inventory is made up of three jobs with the following costs: Job 114 Job 115 Job 116 Direct materials $2.420 $5,531 1,740 $2,639 1,660 830 Direct labor Applied overhead 4,000 870 2,000 $14 hour; and ob 116, 100 hours at $17 per hour During April, Sangviar experienced the transactions listed below. a. Materials purchased on account, $29.490 b. Materials requisitioned: Job 114, 16,750; 3b 115, 512,100; and Job 116, 54,750. C. Job tickets were collected and summarised: Job 114, 130 hours at 511 per hour; Job 115, 240 hours d. Overhead is applied on the basis of direct labor cost. e. Actual overhead was $4,285 1. 3ob 115 was completed and transferred to the finished goods warehouse 9. ob 115 was shipped, and the customer wasbiled for 125 percent of the cost Required: 1. Calculate the predetermined overhead rate based on direct labor cost. of direct labor com Previous Next Cred My Submit A for Gang MacBook Air 298 A 2 $ 4 % 5 & 7 6 8 9 0 O U P E R T G H K F L C V B M N 91 eBook Calculator 1. Job 115 was completed and transferred to the finished goods warehouse 9. ob 115 was shipped, and the customer was billed for 125 percent of the cost Required: 1. Calculate the predetermined overhead rate based on direct labor cost % of direct labor cost 2. Calculate the ending balance for each job as of April 30, when required, round your answers to the nearest dollar. Use your rounded answers in subsequent computations, if necessary. Ending Balance Job 114 Job 115 Job 116 3. Calculate the ending balance of Work in Process as of April 30. When required, round your answer to the nearest dollar, 4. Calculate the cost of goods sold for April when required, round your answer to the nearest dollar 5. Assuming that Sangvikar prices its jobs at cost plus 25 percent, calculate the price of the one job that was sold during April. When required, round your answer to the nearest dolar Previous Next Save and Est Submergene for Grading MacBook Air 1 80 * % 5 & 7 1 0 4 6 8 9 R T a. Y U o F H J K L > A V 2 B N. M SP