Check 5 Shite Computer's predetermined overhead rate is based on direct labor cost Management estimates the company will incur $702,000 of overhead costs and $540,000 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. 142 Dots 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 answers to the nearest dollar amount.) Phim Job Nor 13-64 Total Cost JOB COST SHEET Customer's Name Kerser Co Job Description Splasma monitor-inch Direct Materials Direct Labor Date Requisition No. Amount Time-Ticket No Amount Mar 4.120 5 4.000 1.300 $ 660 MM 11 4-142 6,100 1432 1.250 Ma. 10 4.167 3.700 T-450 1280 Overhead Coate Applied