Exercise 19-11 Overhead rate; costs assigned to jobs LO P3 Shire Computer's predetermined overhead rate is based on direct labor cost Management estimates the company will incur $660.000 of overhead costs and $550,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56 1. What is the predetermined overhead rate for the year? 2 Use the information on the following job cost sheet to determine the total cost of the job. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the information on the following job cost sheet, determine the total cost of the job. (Round your answers to the nearest dollar amount.) JOB COST SHEET Customer's Name: Keiser Co. Job No: 1356 Job Description: 5 plasma monitors-61 inch Direct Materials Ditect Labor Overhead Total Cost Date Requisition No. Amount Time Ticket No. Amount Costs Applied Mar 8 4-129 $ 4,000T-306 $ 570 Mar 11 4.142 6.500 T-432 1,310 Mar 18 4-167 3.800 T-456 1,310 $ 14,300 $ 3.290