+Based on the following, what is the amount of Raw Materials Used? (You must show and label your work for credit.) Beginning Balance-Work-in-Process Inventory $30,000 Ending Balance-Work-in-Process Inventory $58,000 Beginning Balance-Raw Materials Inventory $27,000 Ending Balance-Raw Materials Inventory $22,000 Purchases-Raw Materials $358,000 Direct Labor $455,000 Indirect Labor $22,000 Depreciation on Factory Plant and Equipment $24,000 Plant Utilities and Insurance $268,000 For the toolhar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). -Based on the following. Tigerbob would like you to calculate a) the predetermined overhead rate and b) the manufacturing overhead assigned to Job 50. Tigerbob uses machine hours in the predetermined overhead rate calculation Estimated Manufacturing Overhead Cost for Year $450,000 Estimated Machine Hours 12,000 Estimated Direct Labor Hours 2,000 Job 50 actual machine hours Job 50 actual Direct Labor Hours 15 4