Arc Corp. is a manufacturing firm that uses a job-ordering costing system. In this system, overhead costs are allocated on the basis of machine hours. For 2023, the company estimates that overhead costs will be $2,352,000 and machine hours will be 280,000. In February, the company was worked on five separate jobs. Jobs 453 ,454, and 455 were started in January while Jobs 456 and 45? were both started in February. By the ending of the month, Jobs 453 and 455 were complete and the clients were billed for the work whereas all otherjobs remained unfinished. Relevant data for the month of February are as follows: Job 453 Job 454 Job 455 Job 456 Job 457' Balance, February 1 $31,950 $129,425 $74,150 $0 $0 Direct materials cost $63,750 $99,500 $61,125 $34,000 $46,050 Direct labour cost $171,000 $35,500 $121,500 $67,500 $63,000 Direct labour hours 9,500 4,750 6,750 3,750 3,500 Machine hours 14,250 7,125 10,125 5,525 5,250 Reguired: {A} Calculate the plantwide overhead rate currently being used by the company. [B] Prepare Job Order Cost sheets for each job showing all costs through to February 28th. [C] What is the balance in the Work-in-Process accOunt on February 28th? [0} What is the balance in the Cost of Goods Sold {COGS} account on February 23th