Help me answer this problem please!

Name Assignment 11A -Problem 2 At the beginning of the period, the manufacturing company estimated that manufacturing overhead would total $240,000 and the activity base would be a total of 30,000 direct labor hours. Transactions that occurred during the first year of operations are as follows 1 Purchased raw materials, $106,000 2 Moved raw materials to the production line (requisitioned), $94,000 3 Used indirect materials in production, $3,000 4 Paid workers on the production line, $126,000 (16,260 labor hours worked this period) 5 Paid the plant manager and supervisors, $99,000 6 Paid the rent on the manufacturing plant, $16,000 7 Depreciation on factory machines totaled $22,000 (28,035 machine hours used this period) 8 Paid salespersons' commissions, $24,000 10 11 9 Applied overhead Closed overhead (difference in actual and applied overhead is not material). 80% of the products that were produced are completed Required: A Calculate the predetermined overhead rate. B. Record the transactions. C. Determine the balance in work in process at the end of the period Answer: A. Calculate the predetermined overhead rate. Predetermined overhead rate - Calculations: per direct labor hour B. Record the transactions. 1. Purchased raw materials, $106,000. 2. Moved raw materials to production line, $94,000