During the most recent year, the firm estimated that it would pay $240,000 to its consultants and incur indirect operating costs of $360,000. Actual consultant labor costs were $255,000 and actual indirect operating costs were $350,000. The cost records for three of Optimum's clients are summarized below: Food and nutritional supplements Nutritional counseling ($19 per hour) Judy $ 600 190 Tom $ 1,100 380 Elizabeth $ 400 228 Personal fitness training ($24 per hour) Indirect operating costs 480 720 960 7 7 ? Required: 1. Compute the predetermined overhead rate. 2. Determine the total cost of serving each client. 3. Assume the company charges clients an up-front fee of $440. Food and nutritional supplements are priced at 25 percent above cost. Clients are charged $49 per hour for consulting services (both nutrition counseling and personal training). Determine the profitability of each client. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the total cost of serving each client. Total Cost of Serving Judy Tom Elizabeth