CH Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $864,000 of overhead costs and $540,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. ped Complete this question by entering your answers in the tabs below. ook Required 1 Required 2 int What is the predetermined overhead rate for the year? ences Choose Numerator: Overhead Rate 1 Choose Denominator: 1 Overhead Rate Overhead rate 0 1 Required 2 > Required 1 Required 2 Using the information on the following job cost sheet, determine the total cost of the job. (Round your answers to the n dollar amount.) JOB COST SHEET Customer's Name: Keiser Co. Job Description: 5 plasma monitors-61 inch Direct Materials Direct Labor Job No: 13-56 Overhead Total Cost Date Requisition No. Amount Time-Ticket No. Amount Costs Applied Mar 8 $ 6.000 T-306 $ 690 4-129 4.142 Mar 11 7.000 T-432 1.250 1.260 Mar. 18 4-167 3.750 T-456