Job No.92 For 2,000 Units Direct Direct Manufacturing Overhead Date Materials Labor 4,500 Beg. bal. Jan. 1 5,100 6,000 8 6,000 6,400 12 8,000 25 2,100 3,280 27 4,100 14,180 13,200 18,100 Cost of completed job: $13,200 Direct materials Direct labor 18,100 Manufacturing overhead 14,180 Total cost $45,480 Unit cost ($45,480+ 2,000) $23 On the basis of the foregoing dat answer the following questions. (a) What was the balance in Work in Process Inventory on January 1 ifthis was the only unfinished job? Balance in Work in Process Inventory on January 1 $ used in each year? (Round answers to 0 decimal places, e.g. 55%) (b) If manufacturing overhead is applied on the basis of direct labor cost, what overhead rate was Last year Current year Overhead rate 96 co