PREDETERMINED OVERHEAD RATE, APPLICATION OF OVERHEAD TO JOBS, JOB COST On April 1, Kurena 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:

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

During April, Kurena 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 April 30.

3. Calculate the ending balance of Work in Process as of April 30.

4. Calculate the cost of goods sold for April.

5. Assuming that Kurena prices its jobs at cost plus 30 percent, calculate the price of the one job that was sold during April. (Round to the nearest dollar.)