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Allantic, Inc, is a technology consulting firm focused on Web site development and integration of internet business applicabons. The president of the company expects to incur 5852,500 of indirect costs this year, and she expects her firm lo work 5,500 direct labor hours. Allantic's systems consutants provide direct labor at a rate of $330 per hour. Clients are bilied at 150% of direct labor cost. Last month, Allantic's consultants spent 170 hours on Kingston's engagement. Requirements 1. Compute Allantic's predetarmined overhead allocason rate per drect labor hour. 2. Compute the total cost assigned to the Kingston engagement. 3. Compute the cperating income from the Kingstion engagecnent. Requirement 1. Compute Atlantic's predetermined overhead alocation rate per direct labor hour. Select the formula, then enter the amounts to calculate the predetermined overheed (OH) allocation rate