Question: Tech Solutions computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 62,500 direct

 Tech Solutions computes its predetermined overhead rate annually on the basis
of direct labor-hours. At the beginning of the year, it estimated that

Tech Solutions computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 62,500 direct labor-hours would be required for the period's estimated level of client service. The company also estimated $437,500 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour: The firm's actual overhead cost for the year was $458,000 and its actual total direct labor was 67,150 hours. Required: 1. Compute the predetermined overhead rate. 2. During the year, Tech Solutions started and completed the Xavier Company engagement. The following information was available with respect to this job: Compute the total job cost for the Xavier Company engagement. Complete this question by entering your answers in the tabs below. Compute the predetermined overhead rate. (Round your anwwer to 2 decimal places.) 1. Compute the predetermined overhead rate. 2. During the year, Tech Solutions started and completed the Xavier Company engagement. The following information was avallable with respect to this job: Compute the total job cost for the Xavier Company engagement. Complete this question by entering your answers in the tabs below. Compute the cotal job cont for the Xivier Compony engagement. (Round your intermediate calculations to 2 decimal places:)

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