Carial Design, Inc. is a Web site design and consulting firm. The firm uses a job order costing system in which each client is a different job. Cardinal Design assigns direct labor, licensing costs, and travel costs directly to each job. It allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. Read the requirements. At the beginning of 2018, managing partner Charlotte Blickers prepared the following budget estimates Click the icon to view the prepared budget.) In November 2018, Cardinal Design served several clients. Records for two clients appear here: Click the icon to view the records for two clients.) Requirement 1. Compute Cardinal Design's direct labor rate and its predetermined overhead allocation rate for 2018. (Abbreviation used: OH overhead.) Begin with the direct labor rate. Compute Cardinal Design's predetermined overhead cost allocation rate for 2018. Direct labor rate per hour Predetermined OH cost allocation rate Requirement 2. Compute the total cost of each job. First, enter the direct costs for each job. Then enter in the indirect costs and compute the total cost for each job. (Enter a "0" for any zero balances.) Cardinal Design, Inc. Estimated Cost of Yummy Treats and Root Chocolates Jobs Direct Costs Root Yummy Treats Chocolates Lusts directly to each job. It allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. Read the requirements. Click the icon to view the prepared budget.) In November 2018, Cardinal Design served several clients. Records for two cli appear here: (Click the icon to view the records for two clients. Direct Costs hrs, x hrs. x Total Direct Costs Allocated Indirect Costs: %x %* Total Costs Requirement 3. If Bickers wants to earn profits equal to 20% of service revenue, what fee should she charge each of these two clients? Yummy Treats Root Chocolates $ $ Requirement 4. Why does Cardinal Design assign costs to jobs? Cardinal Design assigns costs to jobs to help the company that cover all costs and contribute to profit. Assigning costs to also can help Cardim Data table Direct labor hours (professionals) Direct labor costs (professionals) Support staff salaries Computer leases 8,000 hours $ 1,600,000 503,000 49,000 At the beginning of 2018, managing partner Charlotte Bickers prepared the following budget estimates: (Click the icon to view the prepared budget.) In November 2018, Cardinal Design served several clients. Records for two clients appear here: (Click the loon to view the records for two clients.) Office supplies Office rent Total Direct Costs Allocated Indirect Costs %* Print Done 27,000 61,000 or each job. (Enter a "0" for any zero balances.) Data table Yummy Treats Root Chocolates Direct labor hours 1,000 hours 100 hours Software licensing costs $ 4,500 $ 400 Travel costs 9.000 Print Done - X