Direct labor At the end of June, the job cost sheets at Ace Roofers show the following costs accumulated on three jobs. At June 30 Job 5 Job 6 Job 7 Direct materials $ 15,000 $ 33,000 $ 27,000 8,000 14,200 21, Bae Overhead applied 4,800 7.100 10,500 Additional Information a. Job 5 was started in May, and the following costs were assigned to it in May, direct materials, 56,000, direct labor, $1,800; and applied overhead, $900. Job 5 was finished in June. b. Job 6 and Job 7 were started in June, Job 6 was finished in June, and Job 7 is to be completed in July c. Overhead cost is applied with a predetermined rate based on direct labor cost. The predetermined overhead rate did not change across these months. 3. What is the predetermined overhead rate? Predetermined overhead rate %