Heurion Company is a job-order costing firm that uses a plantwide overhead rate based on direct labor hours. Estimated information for the year is as follows: Overhead $789,000 Direct labor hours 100,000 Heurion worked on five jobs in July. Data are as follows: Job 741 Job 742 Job 743 Job 744 Job 745 $29,870 $55,2 15 $27,880 Balance, July 1 $0 $0 Direct materials $25,500 $39,800 $14,450 $13,600 $8,420 Direct labor cost $61,300 $48,500 $28,700 $24,500 $21,300 1,600 4,000 1,400 Direct labor hours 3,400 1,980 By July 31, Jobs 741 and 743 were completed and sold. The remaining jobs were in process. Required: 1. Calculate the plantwide overhead rate for Heurion Company. Round to the nearest cent. 2. Prepare job-order cost sheets for each job showing all costs through July 31. Round all amounts to the nearest dollar. 3. Calculate the balance in Work in Process on July 31 4. Calculate Cost of Goods Sold for July. 1. Calculate the plantwide overhead rate for Heurion Company. Round to the nearest cent. The plantwide overhead rate is $ per DLH 2. Prepare job-order cost sheets for each job showing all costs through July 31. Refer to the list of Amount Descriptions for the exact wording of text items within your job-order cost sheets. Round all amounts to the nearest dollar. Heurion Company Job-Order Cost Sheets For the Month of July Job 741 Job 742 Job 744 Job 745 Job 743 1 2 Beginning balance 3 4 5 6 3. Calculate the balance in Work in Process on July 31. Work in process balance on July 31 is $ 4. Calculate Cost of Goods Sold for July. Cost of Goods Sold for July is