Che 7 Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $720,000 of overhead costs and $600,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. 1.81 points 03:29:46 Complete this question by entering your answers in the tabs below. Book Hint Print Required 1 Required 2 What is the predetermined overhead rate for the year? Overhead Rate Choose Numerator: Choose Denominator References Overhead Rate Overhead rate 1 1 Required 2 > 7 Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $720,000 of overhead costs and $600,000 of direct labor cost for the year. During March, Shire began and completed Job 13:56 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. 181 points Complete this question by entering your answers in the tabs below. Required Required 2 Using the information on the following yob cost sheet, determine the total cost of the job. (Round your arewers to the nearest dollar amount) References Total Cost JOB COST SHEET Customer's Name: Keiser Co. Job No: 15-56 Job Description: 5 plasma monitors-61 Inch Direct Materials Direct Labor Overhead Date Cests Requisition No. Amount Time-Ticket No. Amount Applied Mar 4-129 $ 4,000 T-306 $ 700 Mar. 11 4.142 7,100 7-432 1270 Mar 10 4-167 3.900 T-454 1310