Homework: Job Order Costing Assignment 0 Saved 11 Tasty Bakery applies overhead based on direct labor costs. The company reports the following costs for the year: direct materials, $680,000; direct labor, $3,300,000; and overhead applied, $2,310,000. 3 1. Determine the company's predetermined overhead rate forthe year. points 7. The ending balance of its Work in Process Inventory account was $?4,000, which included $23,000 of direct labor costs. Determine the direct materials costs in ending Work in Process Inventory. Complete this question by entering your answers in the tabs below. eBook Hint Requrred 1 Requrred 2 Determine the company's predetermined overhead rate for the year. _ We take the information available to determine what predetermined overhead rate was used for the period. We back into this Print late as follows: \"=- References =- =- Required 2 ) Complete this question by entering your answers in the tabs below. Required 1 Required 2'] The ending balance of its Work in Process Inventoryr account was $74,000, which included $23,000 of direct labor costs. Determine the direct materials costs in ending Work in Process Inventory. ( Required 1