Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $784.000 of overhead costs and $560,000 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the predetermined overhead rate for the year? Overhead Rate 1 Choose Denominator: Choose Numerator: Overhead Rate Overhead rate 1 Required 2 > Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $784,00 of overhead costs and $560,000 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. Complete this question by entering your answers in the tabs below. Required 1 Required2 Using the information on the following job cost sheet, determine the total cost of the job. (Round your answers to the nearest dollar amount.) JOB COST SHEET Customer's Name: Kelser Co. Job No: 13:56 Job Description: 5 plasma monitors -61 inch Direct Materials Direct Labor Overhead Total Cost Date Costs Requisition No. Amount Time-Ticket No. Amount Applied Mar 8 4.129 4,000 T-300 $ 680 Mar 11 4-142 6,800 T-432 1,200 Mar 18 4.167 3,550 T-456 1.270 es $