Dobson Manufacturing Company uses a job order cost system with manufacturing overhead applied to products on the basis of direct labor dollars. At the beginning of the most recent period, the company estimated its direct labor cost to be S56,500 and its total manufacturing overhead cost to be $96050. Several incomplete general ledger accounts show the transactions that occurred during the most recent accounting period which is given in. second requirement. Juired: 1. Calculate the predetermined overhead rate Predetermined overhead Rate as of Drect labor cost 2. Fill in the missing values in the T-accounts. Raw Materials inventory Work in Process inventory OT , I Beginning Balance Purchases Ending balance 135oof 93, 10o 29.0o Beginning Balance Dired Materials Direct Labor (Applied overnead Ending Balance 29 so 69.6oo. 412oo s $ , 19, 600 I I Finished Goods inventory cost of Goods Sold 40 500 Beginning Balance Cost of Goods Completed Ending balance Unadjusted cost of goods sold Adjusted cost of Goods Sold | D 49 200