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White Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Kenneth White prepared the following budget for the year: (Click the icon to view the prepared budget.) A (Click the icon to view additional information.) Read the requirements Requirement 1. Compute White Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead allocation rate. Begin with (a) hourly direct labor cost rate. Direct labor cost rate per hour Requirements - X 1. Compute White Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead allocation rate. 2. Compute the predicted cost of the Tibbs Manufacturing job. 3. If White wants to earn a profit that equals 28% of the job's cost, how much should he bid for the Tibbs Manufacturing job? Choose from any list or ent Print Done parts remaining Check Answer White Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Kenneth White prepared the following budget for the year: (Click the icon to view the prepared budget.) (Click the icon to view additional information.) Read the requirements Requirement 1. Compute White Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead allocation rate. Begin with (a) hourly direct labor cost rate. Direct labor - cost rate Data Table -X More Info Tibbs Manufacturing, Inc. is inviting several consultants to bid for work. Kenneth White wants to submit a bid. He estimates that this job will require about 190 direct labor hours. Direct labor hours (professionals) Direct labor costs (professionals) Office rent Support staff salaries Utilities 15,000 hours $ 2,250,000 300,000 477,500 460,000 Print Done Choose from any list or enter any number in the input fields and then click Check Answe Print Done Done 3 parts remaining Clear All