2. Drake Consulting uses a job order costing system in which each client is a different job. Drake assigns direct labor, meal per diem, and travel costs directly to each job. It allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, the controller prepared the following budget: (Click the icon to view the prepared budget.) In November 2018Drake served several clients. Records for two clients appear here: &(Click the icon to view the records for two clients.) Read the requirements 2018. Predetermined OH allocation rate Requirement 2. Compute the total cost of each job. First, enter the direct costs for each job. Then enter in the indirect costs and compute the total cost for each job. (Complete all answer boxes. Enter a "O" for any zero balances. Round all currency amounts to the nearest whole dollar.) Drake Consulting Estimated Cost of Trent's Trains and Patty's Cookies Jobs Trent's Patty's Trains Cookies Direct Costs hrs. x hrs. x Total Direct Costs Allocated Indirect Costs: Total Cost Requirement 3. If Drake wants to earn profits equal to 25% of sales revenuewhat fee should it charge each of these two clients? (Round your answers to the nearest whole dolar.) Trent's Trains: Patty's Cookies: Requirement 4. Why does Drake assign costs to jobs? Drake assigns costs to jobs to help the Assigning costs to company () also can help Drake Consulting to control costs. that cover all costs and contribute to profit (7)- 7: Data Table