Check my wr Problem 2-18 Job-Order Costing for a Service Company [LO2-1, LO2-2, LO2-3 02 points Speedy Auto Repairs uses a job-order costing system. The company's direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics' hourly wages. Speedy's overhead costs include various tems, such as the shop manager's salary, depreclation of equipment, ublities, insurance, and magazine subscriptions and retfreshments for the wailting room. The company applies all of ts overhead costs to jobs based on direct labor-hous At the begining of the year t mede the tog estimates Direct labor-hours required to support estimated out put Pixed overhead cost Variable overhead cost per direct labor-bour 20,000 350,000 1.00 Required 1 Compute the predetermined overhead rate. 2. During the year, Mr.Wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. The following information w available with respect to his job: Direct saterials Direct labor coet Direct labor-houre used 590 t 109 Compute Mc. Wilkes' total job cost 3.Vf Speedy establishes its selling prices using a markup percentage of 40% aftsttajoo coa,then how Mi. Wilkes? Complete the question by entering your answers in the tabs given below Required 1 Required 2 Required 3 overhead rate. (Round your answer to 2 decimal places) Compute the per DLH