Equinox Fabrication Plant suffered a fire in incident in August due to which most of records for the year were destroyed. The following accounting data for the year that were recovered: The company bases its manufacturing overhead allocation on direct labor hours. What was the predetermined overhead allocation rate for the year A) $35.87 B) $29.40 C) $27.71 D) $33.82 Fogelin Promotional Services uses a job order system for costing and billing promotional services for dance and ballet performances. Fogelin has four public relations specialists, and of staff. At the beginning of 2014, Fogelin estimated the total cost of salaries and benefits for the public relations specialists at $403,200, and a total of 7,200 billable hours for the year. The office and administrative costs were estimated at $676,800. The allocation base for office and administrative costs is billable hours. A new client is contracting with Fogelin to promote a ballet tour in the U.S. Fogelin estimates that the job will require 40 billable hours of specialist time. If Fogelin wishes to make a 25% gross profit on the job, what price should Fogelin quote to the client? A) $2,800 B) $7,500 C) $6,000 D) $4,700