Moonrise Bakery applies factory overhead based on direct labor costs. The company incurred the following costs during 2017: direct materials costs, $650,000; direct labor costs, $3,000,000; and factory overhead costs applied, $1,800,000. 1. Determine the company s predetermined overhead rate for 2017. 2. Assuming that the company s $71,000 ending Work in Process Inventory account for 2017 had $20,000 of direct labor costs, determine the inventory s direct materials costs. 3. Assuming that the company s $490,000 ending Finished Goods Inventory account for 2017 had $250,000 of direct materials costs, determine the inventory s direct labor costs and its overhead costs.