Pearson Architectural Design uses a job-order costing system and applies studio overhead to jobs on the basis of direct staff costs. Because Pearson Architectural Design is a service firm, the names of the accounts it uses are different from the names used in manufacturing companies. The following costs were recorded in January:

Cost of subcontracted work (comparable to direct materials) .....................$ 231,400

Direct staff costs (comparable to direct labor) ....................................... $ 76,400

Studio overhead (comparable to manufacturing overhead cost applied) ..........$ 132,172

Cost of work completed (comparable to cost of goods manufactured) ...........$ 388,200

There were no beginning inventories in January.

At the end of January, only job was still in process. This job (the Krimmer Corporation Headquarters project) had been charged with $6,500 in direct staff costs.

Required:

1. Compute the predetermined overhead rate that was used during January.

2. Complete the following job cost sheet for the partially completed Krimmer Corporation Headquarters project.