Predetermined Overhead Roto, Application of Overhead to Jobs, Job Cost On April 1, Sangvikar Company had the following balances in its inventory accounts: Materials Inventory $12,810 Work in Process Inventory 21,210 Finished Goods Inventory 8,510 Work-in-process inventory is made up of three jobs with the following costs Job 114 Job 115 Job 116 Direct materials $2,371 $2,687 $4,372 Direct labor 1,840 1.580 4.180 Applied overhead 1,012 869 2.299 During April Sangvikar experienced the transactions listed below. a. Materials purchased on account, $29,380 b. Materials requisitioned: 106 114,516,480; Job 115, 512,550; and Job 136, 45,370. c. Job tickets were collected and summarired: 10b 114, 140 hours at 512 per hour, Job 115, 210 hours at 15 per hour, and ob 116, 80 hours at $10 per hour. d. Overhead is applied on the basis of direct labor cost. c. Actual overhead was $4,410 Job 115 was completed and transferred to the finished goods warehouse 9. Job 115 was shipped, and the customer was billed for 125 percent of the cost Required: 1. Calculate the predetermined overhead rate based on direct labor cost. of direct labor cost 2. Calculate the ending balance for each sob as of April 30. When required, round your answers to the nearest dollar. Use your rounded answers in subsequent computations, if necessa Ending balance Job 114 Job 115 Job 116 3. Calculate the ending balance of Work in Processes of April 30. When required, round your answer to the nearest dollar 4. Calculate the cost of goods sold for Aprit when required, round your answer to the nearest dollar 5. Assuming that Sangvikar prices its jobs at cost plut 25 percent, calculate the price of the one job that was told during April. When required, round your answer to the nearest dottar