Following is partial information for Delamunte Industries for the month of August Jobs finished during August are summarized here: 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 Aughist 31 $24600 At the end of August; only one job, Job 248 , was still in process. The direct labor cast incurred on Job 248 as of August 31 was $24,600 1. Cafculate the predefermined overhead rate that was used to apply manufacturing overhead to jobs during August. 2. Determine the balance in Work in Process at the end of August. 3. Determine how much of the direct materials cost and applied overhead would be recorded for Job 248 as of August 31 Q Answer is complete trut not entirely correct. Complefe this question ty entering your answers in the tabs below. Determine how much of the direct materials cost and applied overtiead would bn fecorded for Jot 246 as of Auguat 31. Note: Round your "Predetermined Overhead Bate"t to 2 decimal places