i Data Table 17,500 hours Direct labor hours (professionals) Direct labor costs (professionals) Office rent Support staff salaries Utilities $ 2,800,000 380,000 1,740,000 400,000 Print Done More Info Chance Manufacturing, Inc. is inviting several consultants to bid for work. Sanjog White wants to submit a bid. He estimates that this job will require about 250 direct labor hours. Print Done White Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Sanjog White prepared the following budget for the year (Click the loon to view the prepared budget)Click the icon to view additional information.) Read the requirements Requirement 1. Compute White Realtors' (a) hourtly direct labor cost rate and (b) predetermined overhead allocation rate Begin with (a) hourly direct labor cost rate Direct labor cost rate per hour