Job cost sheets for Howard Manufacturing are as follows: Job No 210 Date Direct Materials Direct Labor 1 9,000 8,000 8 8,500 10,000 5,500 20,000 Direct Materials Direct Labor 5,000 6,000 9,000 8,000 7,000 12,000 July 10 15 25 Job No 211 Date July 1. 10 15 20 27 Quantity 1,500 Manufacturing Overhead 12,000 Quantity 1,200 Manufacturing Overhead 9,000 What was the balance in Work in Process Inventory on July 1 if these were the only unfinished jobs? Balance in Work in Process Inventory $ What was the predetermined overhead rate in June if overhead was applied on the basis of direct labor cost? Predetermined overhead rate % If July is the start of a new fiscal year and the overhead rate is 20% higher than in the preceding year, how much overhead should be applied to Job 210 in July? Overhead applied in July Assuming Job 210 is complete, what is the total and unit cost of the job? (Round unit cost answer to 2 decimal places, e.g. 52.75.) Total cost $ Unit cost $ Assuming Job 211 is the only unfinished job at July 31, what is the balance in Work in Process Inventory on this date? Balance in Work in Process Inventory $ Journalize the summary entries to record the assignment of costs to the jobs in July (Note: Make one entry in total for each manufacturing cost element.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit