Shire Computers predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $747,500 of overhead costs and $575,000 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

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• Required 2

What is the predetermined overhead rate for the year?

Overhead Rate
Choose Numerator:	/	Choose Denominator:	=	Overhead Rate
	/		=	Overhead rate
	/		=

Complete this question by entering your answers in the tabs below.

• Required 1
• Required 2

Using the information on the following job cost sheet, determine the total cost of the job.

	JOB COST SHEET
Customers Name: Keiser Co.					Job No. 13-56
Job Description: 5 plasma monitors61 inch
	Direct Materials		Direct Labor		Overhead	Total Cost
Date	Requisition No.	Amount	Time-Ticket No.	Amount	Costs Applied
Mar. 8	4-129	$5,000	T-306	$700
Mar. 11	4-142	7,020	T-432	1,250
Mar. 18	4-167	3,330	T-456	1,250