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Maynard Consulting, a real estate consulting firm, specializes in advising companies on potential new plant sites: The firm uses a job cost system with a predetermined indirect cost allocation rate computed as a percentage of expected direct labor costs. At the beginning of the year, managing partner Mike Maynard prepared the following plan, of budgot, for the year: View the prepared budget. Read the requirements Prepared budget Peters Resources is inviting several consulting firms to bid for work. Maynard estimates that this job will require about 240 direct labor hours. Requirements 1. Compute Maynard Consulting's (a) hourly direct labor cost rate and (b) indirect cost allocation rate. 2. Compute the predicted cost of the Peters Resources job. 3. If Maynard Consulting wants to earn a profit that equals 40% of the job's cost, how much should the company bid for the Peters Resources job