Calculating Cost of Finished and Unfinished Jobs Following is partial information for Delamunte Industries for the month of August: Required: 1. Determine the predetermined overhead rate if Delamunte...

Following is partial information for Delamunte Industries for the month of August:

Required:

1. Determine the predetermined overhead rate if Delamunte applies overhead on the basis of direct labor dollars.

2. Determine the cost of unfinished jobs at August 31.