Pacific, Inc. is a technology consulting limfocused on Web site developrient and integration of Intemet business applications. The president of the company expects to incur $750,000 or indirect costs this year, and she expects her firm to work 5.000 direct labor hours. Pacific's systems consultants provide direct laborat a rate of $350 per hour. Clients are billed at 150% of direct labor cost. Last month, Pacific's consultants spent 190 hours an Fancher's engagement Requirements Computo Pacrid's predeterm ned averhead alocation rate per direct labor hour. Compute the total cost signed to the Fencher engagement. Compute the operating income from the Fancher engagement. 1. 2. 3 Requirement 1. Compute Pacilia's predetermined overhead allocation rale per cirect labur hour. Select the formula, then enter the amounts to calculate the predetermined overhead (OH) alocation rate Predctermined OH = Allocation rate 1 = 1