Question 1, P4-44 (similar to) Part 1 of 8 Calico prints custom training material for corporations. The business was started January 1, 2020. The company uses a normal-costing system. It has two direct-cost pools, materials and labor, and one indirect-cost pool, overhead. Overhead is charged to printing jobs on the basis of direct labor cost. The following information is available for 2020. (Click the icon to view the following data.) HW Score: 0%, 0 of 5 points O Points: 0 of 5 Save There were two jobs in process on December 31, 2020: Job 11 and Job 12. Costs added to each job as of December 31 are as follows: (Click the icon to view the costs.) Calico has no finished-goods inventories because all printing jobs are transferred to cost of goods sold when completed. Read the requirements. Requirement 1. Compute the overhead allocation rate. Select the formula and enter the amounts to calculate the overhead allocation rate. (Enter the rate in decimal format to one decimal place, X.X. Do not enter the rate as a percentage.) text pages + Overhead allocation rate = Calculator Clear all Check answer