J & Torrey is an advertising agency. The firm uses a job cost system in which each client is a different "job." W & Torrey traces direct labor, software licensing costs, and travel costs directly to each job (client). The company allocates indirect costs to jobs based on a predetermined indirect cost allocation rate based on direct labor hours.\ Requirement 1. Compute JJ & Torrey's predetermined indirect cost allocation rate for the current year based on direct labor hours.\ Compute the predetermined indirect cost allocation rate.\ First enter the direct costs for each job, then enter the indirect costs and total cost for the jobs. (Complete all input fields. For accounts

w

JJ & Torrey\ Estimated Cost of \ GoVacation.com and Port Palmer Jobs\ \\\\table[[,,GoVacation.com,\\\\table[[Port Palmer],[Golf Resort]]],[Direct labor,,

rin(x)

,],[710 hours

x

,95,67450,],[]hours

x

,95,The,],[Software licensing costs,,4,5700],[Travel,,\\\\table[[27000]],250],[Total Direc,,\\\\table[[6000]],],[,,100450,5950]]

JJ & Torrey is an advertising agency. The firm uses a job cost system in which each client is a different "job." JJ & Torrey traces direct labor, software licensing costs, and travel costs directly to each job (client). The company allocates indirect costs to jobs based on a predetermined indirect cost allocation rate based on direct labor hours. A E Re DER Requirement 1. Compute JJ & Torrey's predetermined indirect cost allocation rate for the current year based on direct labor hours. Compute the predetermined indirect cost allocation rate. Total estimated indirect costs + Total estimated direct labor hours Predetermined indirect cost allocation rate $ 658,600 17,800 $ 37 per hour Requirement 2. Compute the total cost of each job. First enter the direct costs for each job, then enter the indirect costs and total cost for the jobs. (Complete all input fields. For accounts w JJ & Torrey Estimated Cost of GoVacation.com and Port Palmer Jobs GoVacation.com Port Palmer Golf Resort Direct Costs: Direct labor 710 hours x 95 67450 60 hours x 95 5700 Software licensing costs 27000 250 Travel 6000 0 Total Direct Costs 100450 5950 Get mome