The equinox fabrication plant suffered a fire incident in august, and most of the records for the year were destroyed. the following accounting data for the year were recovered: total manufacturing overhead estimated at the beginning of the year $ 103 comma 280 total direct labor costs estimated at the beginning of the year $ 185 comma 000 total direct labor hours estimated at the beginning of the year 3 comma 100 direct labor hours actual manufacturing overhead costs for the year $ 98 comma 900 actual direct labor costs for the year $ 150 comma 000 actual direct labor hours for the year 2 comma 550 direct labor hours the company bases its manufacturing overhead allocation on the number of direct labor hours. what was the predetermined overhead allocation rate for the year

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?