In June, Leisure started and completed the following two jobs: (Click the icon to view the jobs.) Leisure Heating & Cooling installs and services commercial heating and cooling systems. Leisure uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job. At the beginning of the current year, Leisure estimated that its overhead for the coming year would be $63,750. It also anticipated using 4,250 direct labor hours for the year. CD Leisure paid a $30-per-hour wage rate to the employees who worked on these two jobs. Read the requirements. Requirement 1. What is Leisure's predetermined overhead rate based on direct labor hours? Determine the formula to calculate Leisure's predetermined overhead rate based on direct labor hours, then calculate the rate. = Predetermined overhead rate Data table Job 101 Job 102 Direct materials used ..... $ 19,000 $ 13,500 Direct labor hours used .... 190 74 - X Requirements 1. What is Leisure's predetermined overhead rate based on direct labor hours? 2. Calculate the overhead to be allocated to each of the two jobs based on direct labor hours. 3. What is the total cost of Job 101? What is the total cost of Job 102