Ivanhoe Company is a manufacturer with a fiscal year that runs from July 1 to June 30 . The company uses a normal job-order cost accounting system for its production costs. It uses a predetermined overhead rate based on direct labour hours to apply overhead to individual jobs. It prepared three budgets of overhead costs for the 2022 fiscal year as follows: Although the annual ideal capacity is 172,500 direct labour hours, company officials have determined that 138,000 direct labour hours represent the normal capacity for the year. The following information is for November 2022 when Jobs X50 and X51 were completed: Materials and supplies requisitioned for production Factory direct labour hours (DLH) Labour costs Labour costs Building occupancy costs (heat, light, depreciation) Factory equipment costs Calculate the predetermined rate to be used to apply overhead to individeal jots daring the tas placthes. 52.75) cTextbook and Media (b). Prepare a schedule showine the costs assigned to exth of fobs 5051 and X52. De set linhe = amounts) Prepare a schedule showing the costs assigned to each of Jobs X50,X51, and X-52. (Do rat leave any answer field blank. Enter o for amounts.) Ivanhoe Company is a manufacturer with a fiscal year that runs from July 1 to June 30 . The company uses a normal job-order cost accounting system for its production costs. It uses a predetermined overhead rate based on direct labour hours to apply overhead to individual jobs. It prepared three budgets of overhead costs for the 2022 fiscal year as follows: Although the annual ideal capacity is 172,500 direct labour hours, company officials have determined that 138,000 direct labour hours represent the normal capacity for the year. The following information is for November 2022 when Jobs X50 and X51 were completed: Materials and supplies requisitioned for production Factory direct labour hours (DLH) Labour costs Labour costs Building occupancy costs (heat, light, depreciation) Factory equipment costs Calculate the predetermined rate to be used to apply overhead to individeal jots daring the tas placthes. 52.75) cTextbook and Media (b). Prepare a schedule showine the costs assigned to exth of fobs 5051 and X52. De set linhe = amounts) Prepare a schedule showing the costs assigned to each of Jobs X50,X51, and X-52. (Do rat leave any answer field blank. Enter o for amounts.)