Howard Company is a consulting firm. The firm expects to have $39,600 in indirect costs during the year and bill customers for 5.500 hours. The cost of direct labor is $85 per hour 18. Calculate the predetermined overhead allocation rate for Howard using estimated billable hours for the allocation base. 19. Howard completed a consulting job for Jason Green and billed the customer for 15 hours. What was the total cost of the consulting job? 20. If Howard wants to earn a profit equal to 50% of the cost of a job, how much should the company charge Mr. Green? 18. Calculate the predetermined overhead allocation rate for Howard using estimated billable hours for the allocation base Predetermined overhead allocation rate per hour 19. Howard completed a consulting job for Jason Green and billed the customer for 15 hours. What was the total cost of the consulting job? Howard Company Total Cost of the Green Job Indirect costs hrs. x hrs Total cost 20. If Howard wants to earn a profit equal to 50% of the cost of a job, how much should the company charge Mr. Green? Add: Required charge for job