In December 2014, Shire Computer's management establishes the 2015 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $780,300 of overhead costs and $510,000 of direct labor cost in year 2015. During March 2015, Shire began and completed Job No. 13-56 1. What is the predetermined overhead rate for year 2015? Overhead Rate Choose Numerator: Choose Denominator: = Overhead Rate Overhead rate 2. Compute the job cost sheet. (Round your answer to the nearest dollar amount.) JOB COST SHEET: Job 13-56 Direct Materials Overhead Costs Applied Direct Labor Total Cost Date Mar. 8 Mar. 11 Mar. 18 Requisition No. 4-129 4-142 4-167 Amount Time-Ticket No. Amount $5,000 T-306 6,850 T-432 3,850 T-456 $680 1,270 1,260