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In December 2009, Shire Computer's management establishes the year 2010 predetermined overhead rate based on direct labor cost. The information used in setting this rate

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In December 2009, Shire Computer's management establishes the year 2010 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur 747, 500 of overhead costs and $575,000 of direct labor cost in year 2010. During March 2010, assigned to jobs L06 L07 Shire began and completed Job No. 13-56. What is the predetermined overhead rate for year 2010? Use the information on the following job cost sheet to determine the total cost of the job

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