Elkland Heating \& Cooling installs and services commercial heating and cooling systems. Elkland uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job. At the beginning of the current year, Elkland estimated that its overhead for the coming year would be $65,250. It also anticipated using 4,350 direct labor hours for the year. View additional information. Read the requirements. Requirement 1. What is Elkland's predetermined overhead rate based on direct labor hours? Determine the formula to calculate Elkland's predetermined overhead rate based on direct labor hours, then calculate the rate. Elkland Heating \& Cooling installs and services commercial heating and cooling systems. Elkland uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job. At the beginning of the current year, Elkland estimated that its overhead for the coming year would be $65,250. It also anticipated using 4,350 direct labor hours for the year. View additional information. Read the requirements. Requirement 1. What is Elkland's predetermined overhead rate based on direct labor hours? Determine the formula to calculate Elkland's predetermined overhead rate based on direct labor hours, then calculate the rate