of Teledex Company. We've just lost the bid n the R6opers jo6 By Blast itl" said David Wilson, president $4,000. It seems we're either too high to get the job or too low to make any money on half the jobs we bid." Teledex Company manufactures products to customers' specifications and operates a job order costing system. Manufacturing overhead cost is applied to jobs on the basis of direct labor cost. The following estimates were made at the beginning of the year Department Fabricating Machining Assembly Total Plant $204,000$102,000 $306,000 $ 612,000 Direct labor Manufacturing overhead$357.000 $408,000 91.800 856.800 Jobs require varying amounts of work in the three departments. The Koopers job, for example, would have required manufacturing costs in the three departments as follows: Department Direct materials Direct labor Manufacturing overhead Fabricating Machining Assembly Total Plant S 3,400 $ 300 $ 1.800S 5,500 s 3,600 S 600 $ 6.600 $10.800 The company uses a plantwide overhead rate to apply manufacturing overhead cost to jobs. Required: 1. Assuming use of a plantwide overhead rate a. Compute the rate for the current year of direct labor cost redetermined overhead rate % of direct labor cost earch the web and Windows