B. The Work in Process account of L. Han Company showed the following: Work in Process Jan 1 Balance Direct Material Used Direct Labor Applied FOH P250,000 Finished Goods 1,254,500 500,000 400,000 300,000 Factory overhead is applied to production at a predetermined rate based on direct labor cost. The work in process on January 31 represents the cost of Job# 888 which has a direct labor cost of P30,000 and Job # 899 with applied factory overhead of P24,000. 6. How much is the predetermined factory overhead rate for the year? 7. How much is the cost of direct materials charged to Job #888 Job#899? and