Questions Bertrand Manufacturing uses a job ordercom system and applies overhead to production on the basis of direct labour costs. On nuary 1, 2020 30 50 was the only job in process. The costs incurred prior to January 1 on this job ware as follows direct materials $30,600, direct labor $15,000, and manufacturing overhead 520,600. As of January 1, No. 9 had been compted to cout of $120,200 and was part of finished goods inventory. There was a $25,400 balance in the Raw Material Inventory account During the month of January, Bertrand Manufacturing began prouction on 10 51 and 52, and completed Sobe 50 and 51.300 *and so were ale solo un coure during tre month for $152,000 and 19.00, respectively. The following additional events occurred during the month 1. Bertrand purchased additional raw materials of $110,000 on account. 2. It incurred factory labour costs of $75.900 of the most, 318,100 related to employer payrolltens 3. It incurred manufacturing overted conts as follows: Indirect materials $1,100, indirect tabour $17,400, deprecation expence $14.000, and various other matching over conta on account 22,200 4. It wigned direct materies and direct hour to jobs as follows Direct Direct Job No. Materials Labour 50 $12,700 57.100 51 42.600 28,100 35,500 22.300 your answer is correct Coate the predetermined overhead rate for 2020, assuming Bertrand Manufacturing estimates total manufacturing overhead costs of 51,539,214, Grect labour costs of 751200, and direct our hours of 20.700 for the year Overhead 205 Calculate the balance in the Finished Goods Inventory account at the end of the month. Finished Goods Inventory