30b Costs uing a Flantwide Overhesd fate Perin Company devgns industral pretotypes for eutuide companies. Bvdoeted overhead for the year was $455,000, and budgeted direct labor houls were 26,000 . The averapo nage nate for direct tabor is remein there until the customer zecepts delivery and pirss. Jobs 41 and 42 remin unfinished at the end of the month. Requiredi 1. Colculate the overheas rate baied on drect iabor cong. 2. Stt up a simple job-arder cost whet for al jobs in process during June. Perrin Company Job-Order cost sheets New bubsetes scect iaber cost =1 Nen overtiead rate - 2. Set up a simple job-order cost sheet for all jobs in process during June. Perrin Company Job-Order Cost Sheets 3. What if the expected direct labor rate at the beginning of the year was $28 instead New budgeted direct labor cost =$ New overhead rate = % of direct labor cost How would the cost of the jobs be affected