1 60 points NWT Consultants, located in Yellowknife, Northwest Territories, is a small but growing business that analyzes a variety of construction materials before they are used by contractors. The testing procedures are specific to the individual materials used because reagents used for testing react differently based on their composition and the quantity used. How they are introduced into the materials for testing is also important During the month of December 2021. NWT completed 36 different jobs. Records pertaining to one such job (reference number: MT Q421442) are as follows: ebok References Date 2/12/21 4/12/21 11/12/21 13/12/21 20/12/21 22/12/21 Document M-3316 L.4423 L41 M-3399 H3407 L-4509 Amount $75 376 160 850 190 600 The documents with the references Mand pertain to direct materials and direct labour respectively, NWT currently allocates overhead using direct labour cost as the allocation base. For the year 2021, it estimated $537050 as the overhead amount and $467000 for direct labour costs Required: 1. Compute the overhead allocation rate for 2021 Check 1 Required: 1. Compute the overhead allocation rate for 2021 Predetermined overhead rate % 60 points eBook Detences 2. Compute the total costs of the job Amount Direct materials Direct labour Overhead Total costs s D 1 1 3. Prepare a job cost sheet for job MT Q421-442 60 points JOB COST SHEET Number MT 0421-442 Date initiated Department Commercial Date completed Description Pesticide testing Units completed Direct Materials Direct Labour Req. No. Amount Time Sheet Hours Amount Dec 01, 2021 Dec 23, 2021 1 eBook References DL Cost Overhead Rate % Amount Cost Summary Date Dec 24, 2021 Job Completion Status Progress to date Completed and shipped to customer Total Cost Unit Cost