Mansfield Heating & Cooling installs and services commercial heating and cooling systems. Mansfield uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on In November, Mansfield started and completed the following two jobs: that job. At the beginning of the current year, Mansfield estimated that its overhead for the coming year would be FEE (Click the icon to view the jobs.) $60,000. It also anticipated using 4,000 direct labor hours for the year. Mansfield paid a $34-per-hour wage rate to the employees who worked on these two jobs. Read the requirements. Determine the formula to calculate Mansfield's predetermined overhead rate based on direct labor hours, then calculate the rate. X = Predetermined overhead rate Data table per hour Requirement 2. Calculate the overhead to be allocated to each of the two jobs based on direct labor hours. Job 101 Job 102 Direct materials used . .. .. $ 18,500 $ 10.500 Job 101 Job 102 Direct labor hours used .... 190 Overhead costs Requirement 3. What is the total cost of Job 101? What is the total cost of Job 102? X Job 101 Job 102 Requirements 1. What is Mansfield's predetermined overhead rate based on direct labor hours? 2. Calculate the overhead to be allocated to each of the two jobs based on Total job cost direct labor hours. 3. What is the total cost of Job 101? What is the total cost of Job 102? 25 O