Estimated consulting overhead cost for the year - $405,000 Estimated direct labor cost for the year ($9/hr) - 324,000 Actual consulting overhead cost for May - 26,000 Actual direct labor cost for May (2,400 hrs) - 22,000 Assume that direct labor cost is the basis for applying consulting overhead. Calculate the budgeted direct labor hours. 2 Points O 30,000 36,000 26,000 18) Service company: Estimated consulting overhead cost for the year - $405,000 Estimated direct labor cost for the year ($9/hr) - 324,000 Actual consulting overhead cost for May - 26,000 Actual direct labor cost for May (2,400 hrs) - 22,000 Assume that direct labor cost is the basis for applying consulting overhead. Calculate the predetermined overhead rate. 2 Points $11.25 per direct labor hour $9 per direct labor hour $18.4 per direct labor hour 19) Service company: Estimated consulting overhead cost for the year - $405,000 Estimated direct labor cost for the year ($9/hr) - 224,000 Actual consulting overhead cost for May - 26,000 Actual direct labor cost for May (2,400 hrs) - 22,000 Assume that direct labor cost is the basis for applying consulting overhead. Determine the amount of manufacturing overhead that would be applied to consulting overhead for May. 2 Points