Maynard 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 2024, managing partner Sanjog Maynard prepared the following budget for the year. (Click the icon to view the prepared budget) (Click the icon to view additional information.) Read the requirements Estimated direct labor costs 2,300,000 Estimated direct labor hours 20,000 Direct labor cost rate 115 per hour Now compute Maynard Realtors' (b) predetermined overhead allocation rate. Estimated total indirect costs 2000000 Estimated direct labor costs 2,300,000 Requirement 2. Compute the predicted cost of the Root Manufacturing job. Maynard Realtors Estimated Cost of the Root Manufacturing Job Direct labor hrs. %x Predetermined overhead allocation rate Total predicted cost Requirement 3. If Maynard wants to eam a profit that equals 36% of the job's cost, how much should he bid for the Root Manufacturing job? Add Required service revenue