Atlantic Inc, is a technology consulting firm focused on website development and integration of Internet business applications. Clients are billed at 170% of direct cost labor. Suppose Atlantics direct labor rate was $300 per hour and the company had computed the following predetermined overhead allocation rates under its ABC system: Tallman engagement used the following resources last month: Requirement 1. Compute the cost assigned to the engagement, using the ABC system. Begin by selecting the formula to allocate overhead (HO) cost X = Allocated overhead costs X = X =