Question content area top\ Part 1\ Kevin & JanetKevin & Janet is an advertising agency. The firm uses a job cost system in which each client is a different "job." Kevin & JanetKevin & Janet traces direct labor, software licensing costs, and travel costs directly to each job (client). The company allocates indirect costs to jobs based on a predetermined indirect cost allocation rate based on direct labor hours. At the beginning of the current year, managing partner JeorgeJeorge AllocoAlloco prepared a budget:\ View the prepared budget. LOADING... View additional information. LOADING...\ Read the requirements. LOADING...\ Question content area bottom\ Part 1\ Requirement 1. Compute Kevin & JanetKevin & Janet's predetermined indirect cost allocation rate for the current year based on direct labor hours.\ Compute the predetermined indirect cost allocation rate. \ \ \ -:\ \ =\ Predetermined indirect cost allocation rate\ \ -:\ \ =\ \ per hour