How do i calcualte total cost of job

Davis 8 Company an architectural titm speeallzng an home remodeling tot privato clients and new Office buildings lor i:prporaie clients Davis charges customers at a billing rate equal to 132% ot the client's total job cost A total job cost a cunbination of (1) prolessional ume spent on the client ($62 per hour cost of employing each proless.onal) and (2) operating overhead allocated to the client's pb Davis allocates operating overhead to jobs based on professional hours spent On the job Davis ostimates Its five professionals will Incur a total of 10,000 professional hours workng on client jobs during the year. (Click the ron to new the cerat.ng cost Information ) Requirement 1. Carulate the current Indirect cost allocation rate per professional hour. (Round your answer to the nearest cent ) Tt-w current indirect cost allocation rate professional hour is $22.40 Requirement 2. Calcuhte the trial arnount that would be billed to Laughlin given the current costing structure Determine the formula then calculate the a-nount that would be billed to Laughlin grven lhe current costing structure, (Round all amo Total costotjob Markuppercentage Amount billed to client