Direct labor hours (professional) Direct labor costs (professional) Support staff salaries ... Computer lease payments Office supplies..... Office rent. 10,000 hours $ 1,100,000 $ 140,000 $ 46,000 $ 26,000 $ $ 63,000 Dining Treats SunNow.com 680 hours 25 hours Direct labor hours Licensing costs Travel costs .. $ 2,600 $ 200 $ 4,000 $ 0 1. Compute Pelican Design's predetermined indirect cost allocation rate for the current year. 2. Compute the total cost of each of the two jobs listed. 3. If Pelican Design wants to earn profits equal to 20% of sales revenue, how much (what total fee) should the company charge each of these two clients? 4. Why does Pelican Design assign costs to jobs? Pelican Design is an interior design firm. The firm uses a job cost system in which each At the beginning of the current year, managing partner Sarah Munro prepared the client is a different "job." Pelican Design traces direct labor, licensing costs, and travel costs following budget: directly each job (client). It allocates indirect costs to jobs based on a predetermined (Click the icon to view the prepared budget.) indirect cost allocation rate computed as a percentage of direct labor costs. Later that same year in November, Pelican Design served several clients. Records for two clients appear here: B (Click the icon to view the records for two clients.) Read the requirements. ... Requirement 1. Compute Pelican Design's predetermined indirect cost allocation rate for the current year. Identify the formula, then compute the rate. (Enter the result as a whole number.) Predetermined indirect cost allocation rate P: P cl d in Actual manufacturing costs 3 a job cost system in which each abor, licensing costs, and travel C jobs based on a predetermined of direct labor costs. Machine hours Total estimated direct labor cost Total estimated direct labor hours R Total estimated indirect costs ined indirect cost allocation rate f result as a whole number.) Ic Total estimated manufacturing costs