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please show work A job order cost sheet for Ryan Company is shown below. (a) On the basis of the foregoing data, answer the following

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A job order cost sheet for Ryan Company is shown below. (a) On the basis of the foregoing data, answer the following questions. (1) What was the balance in Work in Process inventory on January 1 if this was the only unfinished job? Balance in Work in Process Inventory on January 1 (2) If manufacturing overhead is applied on the basis of direct labor cost, what overhead rate was used in each year? (Round onawers to O decimal ploces, eg. 55\%) 27) If amanufacturing overhead is applied on the basis of direct labor cost, what overhead rate was used in each year? (Round onswers to 0 declimal places, 553 (b) Prepare summary entries at January 31 to record the current year's transactions pertaining to Job No. 92 . Credit nccoount fitles one automatically indented when amount is entered. Do not indent manuoliy. (b) Prepare summary entries at January 31 to record the current year's transactions pertaining to Job No. 92 . (Credit account bitles are automatically indented when amount is entered, Do not indent manually. (To record factory labor used) 31 (To record manufacturing overhead) 31 (To record job completed)

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