Following is partial information for Delamunte Industries for the month of August:

	Work In Process
Balance, August 1	$	141,000
Direct materials used		118,800
Direct labor		161,000
Manufacturing overhead applied		133,000

Jobs finished during August are summarized here:

Job #	Cost of Jobs Completed
234	$	67,950
237		38,800
231		51,000
246		20,000

Required:

At the end of August, only one job, Job 248, was still in process. The direct labor cost incurred on Job 248 as of August 31 was $23,600.

1.	Calculate the predetermined overhead rate that was used to apply manufacturing overhead to jobs during August. (Round your answer to 2 decimal places.) Predetermine Overhead Rate? $_______ % of direct Labor Cost

2.	Determine the balance in Work in Process at the end of August. Work in Process? $__________

3.	Determine how much of the direct materials cost and applied overhead would be recorded for Job 248 as of August 31. (Round your "Predetermined Overhead Rate" to 2 decimal places.) Direct Material Cost? $_______ Applied Overhead? $________