On August $1,$ Cairle Company's work$-$in$-$process inventory consisted of three jobs with the following costs:

Job $70$ Job $71$ Job $72$

Direct materials $$1,500$ $$2,000$ $$850$

Direct labor $1,9001,400900$

Applied overhead $1,5201,120720$

During August, four more jobs were started. Information on costs added to the seven jobs during the month is as follows:

Job $70$ Job $71$ Job $72$ Job $73$ Job $74$ Job $75$ Job $76$

Direct materials $$800$ $$1,235$ $$3,500$ $$5,000$ $$300$ $$560$ $$80$

Direct labor $1,0001,4002,2001,800600850170$

Before the end of August, Jobs $70,72,73,$ and $75$ were completed. On August $31,$ Jobs $72$ and $75$ were sold.

Required:

$1.$ Calculate the predetermined overhead rate based on direct labor cost.

fill in the blank $1$

$\%$ of direct labor cost.

$2.$ Calculate the ending balance for each job as of August $31.$

Ending Balance

Job $70$ $fill in the blank $2$

Job $71$ $fill in the blank $3$

Job $72$ $fill in the blank $4$

Job $73$ $fill in the blank $5$

Job $74$ $fill in the blank $6$

Job $75$ $fill in the blank $7$

Job $76$ $fill in the blank $8$

$3.$ Calculate the ending balance of Work in Process as of August $31.$

$fill in the blank $9$

$4.$ Calculate the cost of goods sold for August.

$fill in the blank $10$

$5.$ Assuming that Cairle prices its jobs at cost plus $15$ percent, calculate Cairle's sales revenue for August.

$fill in the blank $11$