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Check my w 1 1 60 points NWT Consultants, located in Yellowknife, Northwest Territories, is a small but growing business that analyzes a variety of

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Check my w 1 1 60 points NWT Consultants, located in Yellowknife, Northwest Territories, is a small but growing business that analyzes a variety of construction materials before they are used by contractors. The testing procedures are specific to the individual materials used because reagents used for testing react differently based on their composition and the quantity used. How they are introduced into the materials for testing is also important. During the month of December 2021. NWT completed 36 different jobs. Records pertaining to one such job (reference number: MT Q421-442) are as follows: ebook rences Date 2/12/21 4/12/21 11/12/21 23/12/21 20/12/21 22/12/21 Document M3316 L-4423 L-4437 M-3199 -3407 -4509 Amount $70 376 160 850 15 600 The documents with the references Mand pertain to direct materials and direct labour respectively, NWT currently allocates overhead using direct labour cost as the allocation base For the year 2021. it estimated $537050 as the overhead amount and $467000 for direct labour costs Required: 1. Compute the overhead allocation rate for 2021 Check my 1 1 Required: 1. Compute the overhead allocation rate for 2021 Predetermined overhead rate 55 50 Doints eBook References 2. Compute the total costs of the job Amount Direct materials Direct labour Overhead costs S 0 CH 1 1 3. Prepare a job cost sheet for job MT Q421-442 60 points JOB COST SHEET Number MTQ421-442 Date initiated Department Commercial Date completed Description Pesticide testing Units completed Direct Materials Direct Labour Req. No. Amount Time Sheet Hours Amount Dec 01, 2021 Dec 23 2021 eBook Overhead References DL Cost Rate Amount % Cost Summary Dato Dec 24, 2021 Job Completion Status Progress to date Completed and shipped to customer Total Cost Unit Cost

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