Exercise 2-6 (Algo) Job-Order Costing for a Service Company (LO2-1, LO2-2, LO2-3) Tech Solutions is a consulting firm that uses a job order costing system. Its direct materials consist of hardware and software that it purchases and installs on behalf of its clients. The firm's direct labor includes salaries of consultants that work at the clients job site and its overhead consists of costs such as depreciation willines, and insurance related to the office headquarters as well as the office supplies that are consumed serving clients Tech Solutions computes its predetermined overhead rate annually on the basis of direct labor hours. At the beginning of the year, it estimated that 55.000 direct labor hours would be required for the period's estimated level of client service. The company also estimated $302,500 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor hour. The firm's actual overhand cost for the year was 5321300 and its actual total direct labor was 58,850 hours: Required: 1. Compute the predetermined overhead rate. 2. During the year, Tech Solutions started and completed the Xavier Company engagement. The following information was available with respect to this job: Direct materials Direct labor cost Direct labor-hours worked 5.50.850 5.22.300 220 Compute the total job cost for the Xavier Company engagement Completo this question by ontering your answers in the tabs below. Required? Combate the total job cost for the Xavier Company engagement. (Round vour Intermediate calculations to decimal places roma proct lobor Cathadap Total manufactu.com