PLEASE HELP QUICK I NEED THIS AS SOON AS POSSIBLE THANK YOU! Custom Automobile Restoration Shop $($CARS$)$ is a small shop dedicated to high$-$quality restora$$tions of vintage cars. Although it will restore an automobile that a customer already owns, usually the shop buys an old vehicle, restores it$,$ and then sells it in a private party sale or at a classic$-$car auction.

The shop has been in existence for $10$ years, but for the sake of simplicity, assume it has no beginning inventories for $2021.$ Five automobile restoration projects were worked on during $2021.$ By the end of the year, four of these projects were complete and three of them had been sold. Required

Assume CARS had used direct labor hours $($versus machine hours$)$ as its cost driver. Compute its predetermined overhead rate.

Note: Round your answer to $2$ decimal places.

Determine the ending balance in Raw Materials Inventory.

Determine the ending balance in Finished Goods Inventory.

Determine the ending balance in Work in Process Inventory.

Determine the costs of goods manufactured.

Determine the amount of Cost of Goods Sold.

Determine the amount of gross margin that was earned on Jobs $701,702,$ and $703.$

Determine the amount of overapplied or underapplied overhead that existed at the end of the year.