Question: Help Save 25 points Ideal Computing uses a job order costing systen and computes its predetermined overhead rate annually on the basis of direct labor

 Help Save 25 points Ideal Computing uses a job order costing

Help Save 25 points Ideal Computing uses a job order costing systen and computes its predetermined overhead rate annually on the basis of direct labor hours. At the beginning of the year, it estimated that 82,500 direct labor-hours would be required for the period's estimated level of client service. The company also estimated $866,250 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour. The firm's actual overhead cost for the year was $883,550 and its actual total direct labor was 90,450 hours Required: 1. Compute the predetermined overhead rate. 2. During the year, Ideal Computing started and completed the Delph Company engagement. The following information was available with respect to this job: Skipped eBook Direct materials Direct labor cost Direct labor hours worked $ 38,850 $ 20,000 330 Hint Compute the total job cost for the Delph Company engagement, Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Compute the predetermined overhead rate. (Round your answer to 2 decimal places.) Prodotermined overhead rato per DLH Cloud Required 2 >

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