Lubbock Engineering Consultants is a firm of professional civil engineers. The firm obtains its jobs by giving fixed-price quotations, so profitability depends on the ability to predict the time required for the various subtasks on the job. A client may be served by various professional staff, who hold different positions. Lubbock Engineering has the following budget for 2011 Compensation of professional staff Other costs Total budgeted costs $3,700,000 1,443,000 $5,143,000 Each professional staff member must submit a weekly time report, which is used for charging hours to a client job-order record. The time report has seven columns, one for each day of the week. Its rows are as follows: Chargeable hours: Client 156, Client 183, etc. Nonchargeable hours: Attending seminar on new equipment, Unassigned time, etc. In turn, these time reports are used for charging hours and costs to the client job-order records a. The firm applies overhead to jobs at a budgeted percentage of the professional compensation charged directly to the job ("direct labor"). For all categories of professional personnel chargeable hours average 85% of available hours. Nonchargeable hours are regarded as additional overhead, what is the overhead rate as a percentage of-direct labor," the chargeable professional compensation cost? The overhead application rate is %. Round to the nearest whole number.) b. A senior engineer works 48 weeks per year, 40 hours per week. His compensation is $70,000. He has worked on two obs during the past week, devoting 15 hours to Job #156 and 25 hours to Job #183. How much should be charged to Job #156 because of his work there? The total cost is S(Round to the nearest cent.)