line HW Saved Jobs finished during August are summarized here: Cost of Jobs Conpleted $70,950 26, 800 54,eee 18,000 Job 234 237 231 246 Required: At the end of August, only one job, Job 248, was still in process. The direct labor cost incurred on Job 248 as of August 31 was $24,300. 1. Calculate the predetermined overhead rate that was used to apply manufacturing overhead to jobs during August. 2. Determine the balance in Work in Process at the end of August 3. Determine how much of the direct materials cost and applied overhead would be recorded for Job 248 as of August 31, Complete this question by entering your answers in the tabs below Required 2 Required 3 Required 1 Determine the balance in Work in Process at the end of August Work in Process Required 3