Exercise 19-17 (Static) Overhead rate; costs assigned to jobs LO P3 Shire Company's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $747.500 of overhead costs and \$575.000 of direct labor coat for the period. During March, Shire began and completed Job 56. 1. What is the predetermined overhead rate for this period? 2 Use the information on the following job cost sheet to determine the total cost of Job 56. Complete this question by entering your answers in the tabs below. What is the predetermined overhead rate for this poriod? Exerclse 19-17 (Static) Overhead rate; costs assigned to jobs LO P3 Shire Company's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $747.500 of overhead costs and $575,000 of direct labor cost for the period. During March. Shire began and completed Job 55. 1. What is the predetermined overhead rate for this period? 2 Use the information on the following job cost sheet to determine the total cost of Job 56 : Complete this question by entering your answers in the tabs below. Use the information on the following job cost sheet to determine the total cost of Job 56 . fiotai Round your answers to the nearest dollar amount. Exercise 19-17 (Static) Overhead rate; costs assigned to Jobs LO P3 Shire Company's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $747,500 of overhead costs and $575,000 of direct labor cost for the period. During March, Shire began and completed Job 56. 1. What is the predetermined overhead rate for this period? 2. Use the information on the following job cost sheet to determine the total cost of Job 56. Complete this question by entering your answers in the tabs below. What is the propdatermined overhead rate for this period? Exercise 19-17 (Static) Overhead rate; costs assigned to Jobs LO P3 Shire Company's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $747,500 of overhead costs and $575,000 of direct labor cost for the period. During March, Shire began and completed Job 56. 1. What is the predetermined overhead rate for this period? 2. Use the information on the following job cost sheet to determine the total cost of Job 56. Complete this question by entering your answers in the tabs below. Use the information on the following job cost sheet to determine the total cast of job 56 . Note: Rourid your answers to the nearest dollar amount