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Q1_3 1 Saved Help Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $715,000 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. 8 00:58:53 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: 13-56 Job Description: 5 plasma monitors-61 inch Direct Materials Direct Labor Overhead Total Cost Date Requisition No. Amount Time-Ticket No. Amount Costs Applied Mar. 8 4-129 S 7,000 T-306 S 630 Mar. 11 4-142 7,500 T-432 1,350 Mar. 18 4-167 3,200 T-456 1,290