On April 1. Sangvar Company had the following balances in its inventory accounts Material inventory Work Process inventory $12,730 21,340 11,700 Finished Goods ventory Work in process inventory is made up of the lot with the obowing costs Job 114 Job 115 Job 116 Direct materiale $2,411 52.640 $3.650 Direct labor 1,800 1.560 4.300 Applied overhead 1.170 1.014 2.295 During April Sangviar experienced the transactions bed below a. Materials purchased on account, 529,000 b. Materials requisitioned Job 114, 116,500: Job 115, $12,200 and Job 116, 95,000 Job tickets were collected and tumeared ob 114. 150 hours at $12 per hour; Job 115, 220 hours at 514 per tot and ob 116, 0 hours at sis per hout d. Overhead is applied on the basis of direct labor cost . Actual whead W4,415 Job 115 was completed and transferred to the finished goods warehouse Job 115 was shipped, and the customer walled for 125 percent of the cost Required: 1. Calculate the predetermined overtad rate based on deect labor cost of direct labor cout 2. Calculate the ending balance for each Jeas of April 30 Ending Balance Joti 114 ob 115 300 116 3. Calculate the ending balance Work in asof Ari 30 Required: 1. Calculate the predetermined overhead rate based on direct labor cout % of direct labor cost 2. Calculate the ending balance for each Job as of April 30. Ending Balance Job 114 Job 115 Job 116 3. Calculate the ending balance of Work in Process as of Aril 30. 4. Calculate the cost of goods sold for April 5. Asuing that Sangvikar prices its jobs at cost plus 25 percent, calculate the price of the one job that was sold during April