Pierre Computer Company uses a job order costing system in which each batch manufactured is a different job. Pierre Computer Company assigns direct materials and direct labor to each job. The company assigns labor costs at $28 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: (Click the icon to view the records for the two jobs.) Read the requirements. Requirement 1. Compute Pierre Computer Company's predetermined overhead (OH) allocation rate for 2024 Requirement 2. Compute the total cost of each job. Requirement 3. Why does Pierre assign costs to jobs? Pierre Computer Company assigns costs to jobs to help the company that cover all costs and contribute to profit. Assigning costs to also can help Pierre Data table Data table