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In December 2014, Shire Computers management establishes the 2015 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes

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In December 2014, Shire Computers 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 $759,900 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? Choose Denominator: Overhead Rate Estimated labor cost Choose Numerator Estimated overhead cost Overhead rate 59,900 $ 10,000 149% Compute the job cost sheet. (Round your answer to the nearest dollar amount.)

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