Martin 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 Debra Martin prepared the following budget for the year (Click the icon to view the prepared budget.) O (Click the icon to view additional information.) Read the requirements Data Table Direct labor cost rate Direct labor hours (professionals) Direct labor costs (professionals) Office rent Support staff salaries Utilities per hour 25,000 hours $2,500,000 320.000 1,290.000 390.000 Now compute Martin Realtors'(b) predetermined overhead allocation rate Predetermined overhead allocation rate Requirement 2. Compute the predicted cost of the Chance Manufacturing job PrintDone Martin Realtors Estimated Cost of the Chance Manufacturing Job hrs. x More Info Total predicted cost Chance Manufacturing, Inc. is inviting several consultants to bid for work. Debra Martin wants to submit a bid. She estimates that this job will require about 250 direct labor hours Requirement 3. If Martin wants to earn a profit that equals 50% of the job's cost, how much should she bid for the Add Required service revenue Print Done