1 10 points Book PH Exercise 15-30 (Algo) Determining cost and price for services LO A1 Diaz and Associates incurred the following direct labor costs in completing tax services job for a client. Diaz applies overhead at 60% of direct labor cost Hours Hourly Direct Labor on Tax Job Used Rate Partner 6 $550 Senior manager 14 200 Staff accountants 110 60 1. Determine the total cost of this tax services job. Estimated Cost Direct labor type Hours used Hourly rate Labor Cost Total Cost Total direct labor cost Overhead Estimated Applied Overhead Total cost OH Base OH rate Direct labor type Hours used Hourly rate Labor Cost Total Cost 1 hts. eBook Print References Total direct labor cost Overhead Estimated Applied Overhead Total cost OH Base OH rate 2. If Diaz charged $26,000 for this tax services job, what is the gross profit for the job? Gross Profit