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EXERCISE 2-11. Service Company Allocation of Overhead [LO 4, 5, 6] Franklin Computer Repair treats each repair order as a job. Overhead is allocated based

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EXERCISE 2-11. Service Company Allocation of Overhead [LO 4, 5, 6] Franklin Computer Repair treats each repair order as a job. Overhead is allocated based on the cost of technician time. At the start of the year, annual technician wages were estimated to be $800,000, and company overhead was estimated to be $500,000. REQUIRED a. Discuss why use of a predetermined overhead rate would be preferred to assigning actual over- head to repair jobs. b. Suppose a job required parts costing $200 and technician time costing $100. What would be the total cost of the job

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