Question: Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $780,0 of overhead costs and $520,000 of direct

Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $780,0 of overhead costs and $520,000 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? 1 Choose Numerator: Estimated overhead cost 780,000 Overhead Rate Choose Denominator: Estimated labor cost $ 520,000 1 Overhead Rate Overhead rate 150% Required Required 2 > of overhead costs and $520,000 of direct labor cost for the year. During March, Shire began and completed J. 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 Using the information of the following job cost sheet, determine the total cost of the job. (Round your answers to the dollar amount.) JOB COST SHEET Customer's Name: Keiser Co. Job Description: 5 plasma monitors-61 inch Direct Materials Direct Labor Job No: 13-56 Total Cost Date Requisition No. Amount Time-Ticket No. Overhead Costs Applied Amount Mar. 8 $ $ Mar. 11 Mar. 18 4-129 4-142 4-167 6.000 T-306 7,100 T-432 3,750 T-456 650 1,330 1,260
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