Calculate and Use Overhead Rate Selected data for the consulting department of Austin Consulting, Inc., follow: Estimated consulting overhead cost for the year $540,000 Estimated direct labor cost for the year (@ $9/hr.) 270,000 Actual manufacturing overhead cost for January 32,000 Actual direct labor cost for January (1,200 hours) 22,000 Assuming that direct labor cost is the basis for applying consulting overhead,