Question: Tech Solutions computes its predetermined overhead rate annually based on direct labor-hours. At the beginning of the year, it estimated 57,500 direct labor-hours would be

Tech Solutions computes its predetermined overhead rate annually based on direct labor-hours. At the beginning of the year, it estimated 57,500 direct labor-hours would be required for the periods estimated level of client service. The company also estimated $345,000 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour. The firms actual overhead cost for the year was $365,300 and its actual total direct labor was 64,000 hours. Required: Compute the predetermined overhead rate. During the year, Tech Solutions started and completed the Xavier Company engagement. The following information was available for this job: Direct materials $ 38,700 Direct labor cost $ 26,400 Direct labor-hours worked 230 Compute the total job cost for Xavier Company

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