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Frculetermined Cverhead Katr, Acplcabon of Overfead to Jobr, Job Cost: An Aprl. 1, Sangvisar Cempaty had the following balances in ita inventory accounta: Work-in-process inventory

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Frculetermined Cverhead Katr, Acplcabon of Overfead to Jobr, Job Cost: An Aprl. 1, Sangvisar Cempaty had the following balances in ita inventory accounta: Work-in-process inventory is made sp of three jobs with the following cost: During Apri, Sangvikar exparlenced the transactitns listed below. an. Materials purchased an acceunt, 320,510 b. Materials requisioned: Job 114,$16,060,106 115, $12,200, and 200 116, $4,680 : di Cvertiead is appled en the bass of direct labor cost. e. Actual cverfead was 5,555 . f. Jebl 115 was completed and transferied te the finzhed goods wareheuse. 9. 30b115 was skgped, and the cuteerner was biled for 125 percent of the cost. Aecuiredt 1. Calrulate the predetermined svertead rate based on direct labor cost. if direct leber cost Ounng April, Sangvikar esperienced the transartions inted below: a. Materias purthased on actount, 12 2.510 b. Materais requistioned 106 114, 116,080; Job-115, $12,290, and 100115,14,680. d Qverthead is apphed on the basis of direct lasor cost. e. Actual overhead was 54,555 f. Joh 115 was completed ond trantrerted to the finshed goeds warehoure 0.3ob 115 was shipped, and the curtomer was biled for 125 pereent of the cost. Plequired: 1. Calculate the predetermined pverhend rute based on direct labor cost: Wh of eirect iaber cest 3. Calculate the ending balance of Werk in Frocess as of April 30 . When required, round your answer to the nearest dolar. 4. Cakculate the cost of geeds seid for April. When required, round your answer to the nearest doliar

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