Question 9 of 10 1. Job No. 92 Direct Materials 6.700 7.000 Direct Labor 7.000 For 2000 Units Manufacturing Overhead 4.900 Date Beg ballan 1 B 12 25 27 10.000 7.500 2800 4.000 21.000 31000 15400 16.500 Gost of completed job Direct materials Direct labor Manufacturing overhead Total cost Untcost (552.900 2.000 $16,500 21.000 15.400 552.900 $26.45 (a) On the basis of the foregoing data answer the following question. (1) What was the balance in Work in Process Inventory an January 1if this was the only unfrithedjob? Balance in Work in Process Inventory on duruary 15 21 marutacturing overhead is soples on the basis of direct labor cost, what overheat rate was used in erchver? Round answers to decimal places, es 558 Last year Current year Overhead race 9333 tol Prepare summary entries at January 31 to record the current year ansactions pertaining to Job No 92 Credit account tities are stomatically indented when amount is entered. De not indent manually Date Account Titles and Explanation Debat Credit 21 To record law materials used) 3: 2009 (Tomodacrylated) To actuar 111