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consumea serving clients. Tech Solutions computes its predetermined overhead rate annually based on direct labor-hours. At the beginning of the year, it estimated 57,500 direct
consumea serving clients. Tech Solutions computes its predetermined overhead rate annually based on direct labor-hours. At the beginning of the year, it estimated 57,500 direct labor-hours would be required for the period's estimated level of client service. The company also estimated $345,000 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour. The firm's actual overhead cost for the year was $365,300 and its actual total direct labor was 64,000 hours. Required: 1. Compute the predetermined overhead rate. 2. During the year, Tech Solutions started and completed the Xavier Company engagement. The following information was available for this job Compute the total job cost for Xavier Company Complete this question by entering your answers in the tabs below. Compute the total job cost for the Xavier Company engagement. Note: Round your intermediate calculations to 2 decimal places
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