XYZ Company uses a job order cost system & applies overhead to production on the basis of direct labor costs. The costs incurred before Jan.01 is: direct materials $23k, direct labor, $14280, & manufacturing overhead $19040. with job 49 completed at a cost of $107100 & was part of finished goods inventory. with a $17850 balance on Raw Materials. During the month of Jan, jobs 51 & 52 begin & jobs 50 & 51. jobs 49 & 50 were also sold on account during the month $145180 & $188020. additional events: 1. puschaded additional raw material of $107100 on acct. 2. incurred factory labor costs of $83300. of this amount $19040 related to employer payroll taxes. 3. incurred manufacturing overhead costs as follows: indirect materials $20230, indirect labor $23800, depreciation expense on equipment $14280, & various other manufacturers overhead costs on acct $ 19040. job 50 direct materials $11900, direct labor $5950. job 51 direct materials $46410, direct kabor $29750. job 52 direct materials $35700, direct labor $23800. estimated total manufacturing overhead costs $999600, direct labor costs $833k, & direct labor hours of 23800 for the yr. How do i determine overhead rate percent? what figures do inoull & what do i do with them