Q10. Lorenzo Company

Please help me with the below question. I've completed requirement 1, but cannot figure out the formulas to fill in the table for requirement 2. Thank you!

Lorenzo Company applies overhead to jobs on the basis of direct materials cost. At year-end, the Work In Process Inventory account shows the following- Work in Process Inventory Debit Credit Beginning Direct materials used 1, 200,000 Direct labor used 200,906 Overhead applied 564, 090 1, 875, 000 Cost of goods manufactured Ending 89,096 1. Determine the predetermined overhead rate used (based on direct materials cost). 2. Only one Job remains In work In process Inventory at year-end. Its direct materials cost Is $37,000. How much direct labor cost and applied overhead are assigned to this Job? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Only one job remains in work in process inventory at year-end. Its direct materials cost is $37,000. How much direct labor cost and applied overhead are assigned to this job? Total cost of job in process Less: Direct materials cost of job in process Less: Overhead applied Direct labor cost