Blossom Assemblers uses normal job-order costing to assign costs to products. The company assembles and packages 25 different products according to customer specifications. Products are worked on in batches of 20 to 40 units. Each batch is given a job number. On October 1, the company had the following balances:

Raw materials		$10,980
Work in process		73,754
Finished goods		34,320

Work in process consisted of the following jobs:

		Job 22		Job 24		Job 25
Direct materials		$6,940		$5,810		$5,380
Direct labour		11,760		10,320		10,640
Applied overhead		8,232		7,224		7,448
Total		$26,932		23,354		$23,468
Number of units		20		40		30

Finished goods consisted of Job 23, with the following costs:

		Job 23
Direct materials		$9,180
Direct labour		14,780
Applied overhead		10,350
Total		$34,310
Number of units		50

Shown below are the direct cost data related to jobs started in October:

		Job 26		Job 27		Job 28		Total
Direct materials		$5,800		$6,270		$4,700		$16,770
Direct labour		$12,540		$10,460		$6,620		$29,620
Number of units		20		30		20

Other information:

1.

Direct materials and direct labour added to beginning work in process in October were as follows:

		Job 22		Job 24		Job 25		Total
Direct materials		$1,290		$680		$1,680		$3,650
Direct labour		3,360		5,040		6,160		14,560

2.

Overhead is applied at a predetermined rate based on the direct labour cost.

3.

Actual expenses for October were as follows:

Supervisory salaries		$6,720		Supplies (factory)		$2,350
Factory rent		5,600		Selling expenses		9,520
Depreciation (machines)		5,600		Property tax and insurance		2,520
Indirect labour		4,480		CPP, EI, and other benefits*		4,700

* 80% of employer contributions and benefits relate to factory personnel.

4.

Purchases of direct materials (raw materials) during October amounted to $31,920. Indirect materials (supplies) are handled in a separate account.

5.

Only Jobs 27 and 28 are still in process at closing on October 31. Finished goods consisted only of Job No. 25 at month end.

6.

Blossom writes off any under- and over-applied overhead to Cost of Goods Sold in the month in which it is incurred.

question :

1. Calculate the predetermined overhead rate (%) used by Blossom to apply overhead to jobs.

2. Calculate the unit cost of Job No. 24 in October. (Round answer to 2 decimal places, e.g. 52.75.)

3. Calculate the October 31 balances for the following inventory accounts.

1.		Raw Materials		$enter a dollar amount
2.		Work in Process		$enter a dollar amount
3.		Finished Goods		$enter a dollar amount

4. What is the cost of goods manufactured in October?

5. Determine the under- or over-applied overhead for October ($). (Wether it is under-applied / over-applied, and say amount $)

6. Prepare the journal entry to dispose of this amount. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

	Debit	Credit
enter an account title	enter a debit amount	enter a credit amount
enter an account title	enter a debit amount	enter a credit amount

Please help me solve this question, thank you