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2. Griffen Entreprises is a service industry. At the beginning of the year, this company had the following estimates for its POHR formula: Estimated direct

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2. Griffen Entreprises is a service industry. At the beginning of the year, this company had the following estimates for its POHR formula: Estimated direct labor hours for the year: 100,000 Fixed Overhead Cost for the year: 200,000 Variable Overhead Cost per direct labor hour: $12.00 Required: (a) Calculate the POHR for Griffen Entreprises. (b) If Griffen had Job \#333 with Direct Materials of $45,000 and Direct Labor of 3000 hours at $25/ hour, calculate the cost of Job \#333. (c) If Griffen required a markup of 80%, how much should it charge its client for Job \#333

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