Pierre Computer Company unes a job order costing system in which each batch manufactured is a different job. Plene Computer Company assigns direct materials and deect labor to each job. The company assigns labor costs at $23 per hour it allocates manufacturing overhead to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs At the beginning of 2024 the controller prepared the following budget (Click the icon to view the budget) In November 2024, Peme Computer Company worked on several jobs. Racords for two jobs appear here (Click the icon to view the records for the two jobs) Read the requirements Requirement 1. Compute Plane Computer Company's predetermined overhead (OH) allocation rate for 2024 Data Table - X Estimated Off costs 60.000 Estimated direct labor costs Requirement 2. Compute the total cost of each job 1.300,000 Job 721 Job 722 Predetermined Ort allocation re Direct labor hours 760 hours 90 hours Direct materials 5 22.800 $ 2.600 Data Table Job 721 Job 122 Direct materials 22000 2000 Direct labor hours 17480 2070 Manufacturing overhead 8740 1035 Manufacturing overhead Direct labor costs 402011 5705 650 000 $1.300 000 Print Done