1-A local financial consulting firm employs 20 full-time staff. The estimated compensation per employee is $49571 for 1869 hours. All direct labour costs are charged to clients. Any other costs are included in a single indirect-cost pool, allocated according to labour-hours.

If the total cost of a job that will take 24 hours is $1879 using a job order cost system, what is the budgeted indirect costs for the coming year?

Select one:

a. $2520431

b. $1242

c. $1935122

d. $92648199

The correct answer is $1935122, I need to know how to get that number?

2-

Fred Co., a publicly accountable company, applies manufacturing overhead to jobs using a predetermined overhead rate that is based on direct labour costs. Data for the most recent year is as follows:

Actual direct labour hours	8408
Direct labour rate	$12/hour
Actual manufacturing overhead costs	$98535

At the end of the year, Fred Co. disposed of over/under-applied overhead by crediting COGS for $12824. What was Freds predetermined overhead rate for the year?

Select one:

a. $13.24

b. $10.19

c. $1.10

d. $0.85

The correct answer for this question is c. $1.10, I need to know how to get that number?