Jeanette Jackson is a new staff accountant at Alexander \& Associates. She is paid a salary of $60,000 per year and is expected to work 2,000 hours per year on client jobs. The firm's indirect cost allocation rate is $22 per hour. The firm would like to achieve a profit equal to 30% of cost. 1. Convert Jeanette's salary to an hourly wage rate for billing purposes. 2. Calculate the professional billing rate Alexander \& Associates would use for billing out Jeanette's services. 1. Convert Jeanette's salary to an hourly wage rate for billing purposes. Select the formula and enter the amounts to compute Jeanette's direct labor rate per hour