(Journal entries) Polaski Inc. uses an actual cost, job order system. The follow- ing transactions are for August 2010. At the beginning of the month, Direct Material Inventory was $2,000, Work in Process Inventory was $10,500, and Finished Goods Inventory was $6,500.

• Direct material purchases on account totaled $90,000.

• Direct labor cost for the period totaled $75,600 for 8,000 direct labor hours; these costs were paid in cash.

• Actual overhead costs were $82,000 and are applied to production.

• The ending inventory of Direct Material Inventory was $3,500.

• The ending inventory of Work in Process Inventory was $7,750.

• Goods costing $243,700 were sold for $350,400 cash.

a. What was the actual OH rate per direct labor hour?

b Journalize the preceding transactions.

c. Determine the ending balance in Finished Goods Inventory.