Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of June, Donewell Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost information: Job 44 Job 45 Direct materials $5,200 $1,200 Direct labour 4,700 3,760 2,000 Applied overhead 2,500 Balance, June 1 $12,400 $6,960 During June, two more jobs (46 and 47) were started. The following direct materials and direct labour costs were added to the four jobs during the month of June: Job 44 Job 45 Job 46 Job 47 Direct materials $2,500 $7,110 $1,800 $1,700 Direct labour 800 6,400 900 560 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. Required: 1. Calculate the overhead rate based on direct labour cost. Round the percentage to the nearest whole number. For example, .6372 would be rounded to 54%. % 2. Prepare a brief job-order cost sheet for the four jobs. Show the balance as of June 1 as well as direct materials and direct labour added in June. Apply overhead to the four jobs for the month of June, and show the ending balances. Round your answers to the nearest whole dollar. For those boxes in which no entry is required, enter "o". Donewell Company Job-Order Cost Sheet For the Month of June Job 44 Job 45 Beginning balance, June 1 s Direct materials Direct labour Job 46 Job 47 Applied overhead Total, June 30 3. Calculate the ending balances of Work in Process and Finished Goods as of June 30. Round your answers to the nearest dollar. Work in process Finished goods 4. Calculate the cost of Goods Sold for June. Round your answer to the nearest dollar