Print 3. Northern, Inc. is a technology consulting firm focused on website development and integration of Internet business applications. Clients are billed at 160% of direct labor cost. Suppose Northern's direct labor rate was $270 per hour and the company computed the following predetermined overhead allocation rates under its ABC system Click the icon to view the allocation rates.) The Fancher engagement used the following resources last month. Click the icon to view the resources used Read the requirements Requirement 1. Compute the cost assigned to the Fancher engagement, using the ABC system. Begin by selecting the formula to allocate overhead (OH) costs (1) (2) Allocated overhead costs Next, compute the overhead costs allocated to the Fancher engagement Allocated overhead coats Activity Document preparation Information technology support Training Total overhead cost Now calculate the total cost of the lancher engagement (3) Total cost of engagement Requirement 2. Compute the operating income or loss from the Fancher engagement, using the ADC system. Northern, Inc.'s operating (5) from the Fancher engagement amounts to 1: Reference Activity Documentation preparation Information lochnology support Predetemined Overhead Allocation Rate S 42 per page $ 270 per application Activate Windows Go to Settings to activate Windows. (4) Print Tolal cost of engagement Requirement 2. Compute the operating income or loss from the Fancher engagement, using the ABC system Northem, Inc's operating (5) from the Fancher engagement amounts to 1: Reference Predetemined Overhead Allocation Rate $ 12 per page Activity Documentation preparation Information technology support Training $ 270 por application 93 per direct labor hour $ 2: Data Table Fancher Allocation Base Direct labor hours Pages Applications used 190 360 82 3: Requirements 1. Compule the cost assigned to the Fancher engagernon, using the ABC system. 2. Compute the operating income or loss from the Fancher engagement, using the ABC system. O Predetermined OH allocation rate O Predetermined OH allocation rate (1) O Actual overhead costs Actual qty of the allocation base used O Estimated overhead costs (2) O Actual overhead costs Actual aty of the allocation base used O Estimated overhead costs (3) Total direct labor cost Total direct labor cost O Allocated overhead costs Estimated direct labor cost O Estimated indirect costs O Allocated overhead costs O Estimated direct labor cost O Estimated indirect costs (5) O Income Oloss Activate Windows Go to Settings to activate Windows