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Add to the tavorites bar by selecting , or by getting them from ar ACC 219 Chapter 2 Help Save & Exit Submit Check my work 5 Speedy Auto Repairs uses a j in customer vehicles, and its direct labor consists of the mechanics' hourly wages. Speedy's overhead costs in ob-order costing system. The company's direct materials consist of replacement parts installed clude various ems, such as the shop manager's salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the walting room. 10 points The company applies all of its overhead costs to jobs based on direct labor-hours. At the beginning of the year,it made the following estimates: Direct labor-hours required to support estimated output Fixed overhead cost Variable overhead cost per direct labor-hour 44,000 748,000 s 1.00 Required: 1. Compute the predetermined overhead rate 2. During the year, Mr. Wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. The following Information was available with respect to his job K Prev 5 of 5 Nex