A marketing agency used 88 hours of direct labor in creating advertising for a film festival. Direct labor costs $63 per hour. The agency applies overhead at a rate of $50 per direct labor hour. 1. What is the total estimated cost for this job? 2. If the company applies a markup of 10% of total costs (price quote is 110% of total costs), what price should it quote for this job? (Round your intermediate calculations and final answer to the nearest whole dollars.) 1. Total estimated job cost 2. Price quote < Prev. 4 of 7 Next >