1. Compute Daniel's predetermined overhead allocation rate for 2018.; 2. compute the total cost of each job; 3. If Daniel wants to earn profits equal to 25% of sales revenue, what fee should it charge each of these 2 clients; 4. Why does Daniel assign costs to jobs? At the beginning of 2018, the controller prepared the following budget: Direct labor hours (professionals) 6,250 hours Direct labor costs (professionals) $1,100,000 Support staff salaries 90,000 Computer leases 57,000 Office supplies 40,000 Office rent 55,000 In November 2018, Daniels served several clients. Records for two clients appear here. Tommy's Trains Marcia's Cookies Direct Labor Hours 720 hours 200 hours Meal per diem $2,700 $600 Travel costs 8,000 0