Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of June, Rhone Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information: Line Item Description Job 44 Job 45 Direct materials $5,300 $1,250 Direct labor 900 3,300 Applied overhead 540 1,980 Balance, June 1 $6,740 $6,530 During June, two more jobs (46 and 47) were started. The following direct materials and direct labor costs were added to the four jobs during the month of June: Line Item Description Job 44 Job 45 Job 46 Job 47 Direct materials $2,450 $7,170 $2,000 $1,500 Direct labor 760 6,480 860 560 At the end of June, Jobs 44, 45, and 47 were completed. Only Job 45 was sold. On June 1, the balance in Finished Goods was zero.