On August 1, Cimino Company had the following balances in its inventory accounts:
Materials Inventory ......... $16,350
Work-in-Process Inventory ...... 21,232
Finished Goods Inventory ....... 15,200
Work-in-process inventory is made up of three jobs with the following costs:

During August, Cimino experienced the following transactions:
a. Purchases materials on account for $21,000.
b. Requisitioned materials: Job 30, $12,500; Job 31, $11,200; and Job 32, $5,500.
c. Collected and summarized job tickets: Job 30, 250 hours at $12 per hour; Job 31, 275 hours at $15 per hour; and Job 32, 140 hours at $20 per hour.
d. Applied overhead on the basis of direct labor cost.
e. Actual overhead was $8,718.
f. Completed and transferred Job 31 to the finished goods warehouse.
g. Shipped Job 31 and billed the customer for 130 percent of the cost.

Required:
1. Calculate the predetermined overhead rate based on direct labor cost.
2. Calculate the ending balance for each job as of August 31.
3. Calculate the ending balance of Work in Process as of August 31.
4. Calculate the cost of goods sold for August.
5. Assuming that Cimino prices its jobs at cost plus 30 percent, calculate the price of the one job that was sold during August. (Round to the nearestdollar.)

Job 30 Job 31 Job 32 Direct materials Direct labor Applied overhead $2,650 1,900 1,520 $1,900 1,340 1,072 $3,650 4,000 3,200