Manslield Heating \& Cooling listails and services commercial heating and cooling systems Manstield uses job costing to calculate the cost of lis jobs i overhead is allocated to each job based on the number of directlabor hours spent on that job. At the beginning of the current year Neansfield estimated that its overhead io the coming year would be $65,250 It also anticipated using 4.350 direct labor hours for the yeat. Requirement 1. What is Mansfield spredelemined overhead rate based on direct labor hours: Determine the formula to calsulate Wansfietes predetemained overhead rate based on diroct labor hours, then calculate the rate. =Predeterminediovemeadhate= Requirement2. Dalculate the ovelhead to be allocated to each of the two jobs based on direct labor hours. 10b101300102 Overnead easts Data table Direct materials used Direct labor hours used 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 direct labor hours. 3. What is the total cost of Job 101? What is the total cost of Job 102 ? Manslield Heating \& Cooling listails and services commercial heating and cooling systems Manstield uses job costing to calculate the cost of lis jobs i overhead is allocated to each job based on the number of directlabor hours spent on that job. At the beginning of the current year Neansfield estimated that its overhead io the coming year would be $65,250 It also anticipated using 4.350 direct labor hours for the yeat. Requirement 1. What is Mansfield spredelemined overhead rate based on direct labor hours: Determine the formula to calsulate Wansfietes predetemained overhead rate based on diroct labor hours, then calculate the rate. =Predeterminediovemeadhate= Requirement2. Dalculate the ovelhead to be allocated to each of the two jobs based on direct labor hours. 10b101300102 Overnead easts Data table Direct materials used Direct labor hours used 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 direct labor hours. 3. What is the total cost of Job 101? What is the total cost of Job 102