Please do this in Excel or link a fantastic template that could really help with this problem! Much appreciated in advance!

You are the Accountant for a Custom Furniture company. The company uses a job order costing system and applies overhead on the basis of direct labor hours. The January 1, 2023 raw materials inventory balance was $19,000. Actual overhead for January was $102,500 and Direct Labor Hours for January totaled 2,975. The January 31, 2023 raw materials inventory balance was $25,000. During January 2023, Jobs No. 21 \& 22 were completed. A single Job, No. 22 , was sold for $120,000 during January 2023. Costing information for jobs 20,21,22 and 23 are below. The predetermined overhead rate for 2023 is based on the company's estimated total manufacturing overhead during all of 2023 which is $1,365,000 and the estimated total direct labor hours of 39,000. The owner of the company does not have an accounting background and doesn't understand how the balances of the inventory accounts are calculated nor how gross profit is calculated. The owner asked you to prepare a single spreadsheet providing the inventory balances and gross profit for January 2023. Your Excel Spreadsheet must include formulas, formatted cells and at least once text box. Tasks: 1. Correctly calculate predetermined overhead rate 2. Correctly calculate the balances of the inventory accounts at January 31, 2023 indicating which jobs are included as applicable. 3. Correctly calculate gross profit for January 2023 indicating which jobs are included as applicable