mputed as a percentage of direct labor COStS. Al the beginning of 20T8, managing pa d @ Data Table Direct labor hours (professionals) Direct labor costs (professionals) Office rent 17,500 hours $ 2,800,000 380,000 1,740,000 400,000 termin Support staff salaries Utilities Print Done umber in the input fields and then click Check Answer White Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Sanjog White prepare following budget for the year EEE(Click the icon to view the prepared budget) Read the requirements l o to view additional information) Direct labor cost rate 160 per hour Estimated direct labor costsEstimated direct labor hours 2.800,000 17,500 Now compute White Realtors' (b) predetermined overhead allocation rate Predetermined overhead Estimated direct labor costsEstimated direct labor hours allocation rate