Jackson Accounting pays Peter Geller $109, 800 per year. Assume that Jackson's accountants are expected to work a total of 8,000 direct labor hours in 2016. Jackson's estimated total indirect costs are $96,000 and the allocation have used a direct labor hours. What is Jackson's predetermined overhead allocation rate? What indirect costs will be allocated to Client 507 if Geller works 16 hours to prepare the financial statements? What is Jackson's predetermined overhead allocation rate? What indirect costs will be allocated to Client 507 if Geller works 16 hours to prepare the financial statements