also answer # 3 under the requirements photo.

Direct labor Il cost rate i Requirements 1. Compute Juda Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead allocation rate. 2. Compute the predicted cost of the Simms Manufacturing job. 3. If Juda wants to earn a profit that equals 30% of the job's cost, how much should he bid for the Simms Manufacturing job? Print Done E17-27 (similar to) Question Help Juda Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead location rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Lee Juda prepared the following budget for the year (Click the icon to view the prepared budget.) (Click the icon to view additional information) Read the regret Requirement 1. Compute Juda Realtors (a) hourly direct labor cost rate and (b) predetermined overhead allocation rate. Begin with (a) hourly direct labor cost rate Direct labor Estimated direct labor costs 1 Estimated direct labor hours cost rate $ 2,800,000 17,500 160 per hour Now compute Juda Realtors' (b) predetermined overhead allocation rate. Predetermined overhead Estimated total indirect costs Estimated direct labor costs allocation rate 2.520,000 2,800,000 Requirement 2. Compute the predicted cost of the Simms Manufacturing job Jude Realtors Estimated Cost of the Simms Manufacturing Job thers Choose from any list or enter any number in the input fields and then click Check Answer Check Arewer Clear All Estimated total indirect costs Predetermine Estimated direct labor costs II allocatic 2,520,000 1 $ 2,800,000 Il Requirement 2. Compute the predicted cost of the Simms Manufacturing job. Juda Realtors Estimated Cost of the Simms Manufacturing Job hrs. X % x Total predicted cost Choose from any list or enter any number in the input fields and then click Check Answer. part remaining Direct labor urs Il cost rate $ 160 per hour e. More Info sts Simms Manufacturing, Inc. is inviting several consultants to bid for work. Lee Juda wants to submit a bid. He estimates that this job will require about 250 direct labor hours. ng 3d Print Done