INTERME NERTE Following is information about consulting jobs for a company that is increasing in sales, but has not yet become profitable. The owner keeps financial records on yellow sticky not check to the white desk. He has asked you to help him set up a conting system so that he can better understand is costs. The owner sad that job 140 was completed, ob 141 was started and complete started this month Professional labour hours for contracts in process consist of job 140 with 124 hours, job 141 with 25 hours, and job 142 with 128 hours. Professional was for the month, and the professional employees are all paid the same rate per hout Overhead swocated in an estimated rate based on professional labour hours. The totalment overhead cost for the month was $46,644 What is labour pud per hour? per hour What is the estimated rate per labour hour used to locate verhead Overledes per hour What are the total costs (before iting for overscled or underapplied werhed for 306 141, 142, 143 Total cost Job 140 Joh 1:11 Job 142 What the amount cost of goods sold and work in process at the end of the month Cost of goods sold Vork-in-proos proce What amount of overhead was overapplied or underapplied this month? - Overhead If this month is typical, what is a reasonable overhead rate? Reasonable overhead rate per hour