Juda Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Sandra Juda prepared the following budget for the year. (Click the icon to view the prepared budget.) (Click the icon to view additional information.) Data Table Read the requirements Requirement 1. Compute Juda Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead allocation rate. Begin with (a) hourly direct labor cost rate. Direct labor hours (professionals) Direct labor costs (professionals) Office rent Support staff salaries Utilities 20,800 hours $ 2,600,000 390,000 730.000 Direct labor Estimated direct labor costs Estimated total indirect costs 1560000 cost rate 60 per hour 2600000 440,000 Print Done i Requirements A More Info 1. Compute Juda Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead allocation rate. 2. Compule the predicted cost of the Martinez Manufacturing job. 3. If Juda wants to eam a profit that equals 50% of the job's cost, how much should she bid for the Martinez Manufacturing job? Martinez Manufacturing, Inc. is inviting several consultants to bid for work. Sandra Juda wants to submit a bid. She estimates that this job will require about 230 direct labor hours Print Done Done Choose from any listor Print