Blake Accounting pays Amanda Hilton 5106,200 per year Assume that Blake's accountants are expected to work a total of 12,000 direct labor hours in 2024. Blake's estimated total indirect costs are $240,000 and the allocation base used is direct labor hours. Read the requirements Requirement 1. What is Blake's predetermined overhead allocation rate? . Predetermined overhead allocation rate 1. What is Blake's predetermined overhead allocation rate? 2. What indirect costs will be allocated to Client 507 if Amanda Hilton, an accountant at Blake Accounting, works 14 hours to prepare the financial statements