for View History Bookmarks Window Help 8 Afor studer View History Bookmarks Window Help 8 tv 4ari File Edit View History Bookmarks Window Help ezto.mheducation.com OntarioLearn LL Homepage -. A Brightspace A FIN2330 Cha. A Chapter 3 - A.. M Question 12 -,. Indirect Mate. Chapter 3 - Assignment @ Saved Help NWT Consultants, located in Yellowknife, Northwest Territories, is a small but growing business that analyzes a variety of con 12 materials before they are used by contractors. The testing procedures are specific to the individual materials used because used for testing react differently based on their composition and the quantity used. How they are introduced into the materia testing is also important. During the month of December 2021, NWT completed 36 different jobs. Records pertaining to one such job (reference numb 25 Q421-442) are as follows points Date Document Amount 2/12/21 M-3316 $ 840 4/12/21 L-4423 620 11/12/21 L-4437 790 13/12/21 M-3399 1570 20/12/21 M-3407 920 22/12/21 L-4509 1, 260 The documents with the references M and L pertain to direct materials and direct labour, respectively. NWT currently allocat overhead using direct labour cost as the allocation base. For the year 2021, it estimated $648,560 as the overhead amount $484,000 for direct labour costs Required: 1. Compute the overhead allocation rate for 2021. Predetermined overhead rate 1% 2. Compute the total costs of the job. Amount Mc Hill 8 NA 20 DI F5 F7 F2 F3 F4 F6 F1 %