When a job is completed and all costs have been accumulated on a job cost sheet, the journal entry that should be made is Finished Goods Inventory Direct Materials Direct Labor Manufacturing Overhead Work In Process Inventory Direct Materials Direct Labor Manufacturing Overhead Raw Materials Inventory Work In Process Inventory Finished Goods Inventory Work In Process Inventory Job cost sheets constitute the subsidiary ledger for the Finished Goods Inventory account. Cost of Goods Sold account. Work In Process Inventory account. Cost of Goods Manufactured account. A materials requisition slip showed that direct materials requested were $63,000 and indirect materials requested were $9,000. The entry to record the transfer of materials from the storeroom is Work In Process Inventory.................................................... 63,000 Raw Materials Inventory............................................... 63,000 Direct Materials..................................................................... 63,000 Indirect Materials................................................................... 9,000 Work in Process Inventory............................................ 72,000 Manufacturing Overhead....................................................... 72,000 Raw Materials Inventory............................................... 72,000 Work In Process Inventory.................................................... 63,000 Manufacturing Overhead....................................................... 9,000 Raw Materials Inventory............................................... 72,000 A company expected its overhead costs to be $1, 800,000 and estimated direct labor costs to be $1,000,000. Actual overhead was $1, 740,000, and actual labor costs totaled $1, 100,000. How much is the company's predetermined overhead rate to the nearest cent? $1.74 $1.57 $1.80 $1.64