Pierre Computer Company uses a job order costing system in which each batch manufactured in a different job. Pierre Computer Company assigns direct materials and direct labor to each job. The company assigns labor costs at $20 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, Pierre Computer Company worked on several jobs. Records for two jobs appear here: Data Table Click the icon to view the records for the two jobs) Read the requirements Job 721 Job 722 Direct labor hours 840 hours 70 hours Requirement 1. Compute Pierre Computer Company's predetermined overhead (OH) allocation rate for 2024 Direct materials 21,100 $ 2.300 Predetermined OH allocation rate Print Done Requirement 2. Compute the total cost of each job: Job 721 Job 722 Data Table Manufacturing overhead Direct labor costs $ 210.000 $ 1.050.000 Total cost Time Remaining: 00:33:17 Next Print Done