Requirement 1. Compute Dove Design's direct labor rate and its predetermined overhead allocation rate for 2018. (Abbreviation used: OH = overhead.) Begin with the direct labor rate. 1 = Direct labor rate per 0 Requirements N = hour Compute Dove Design's predetermined overhead cost allocation rate for 2018. Predetermined OH cost allocation rate % 1. Compute Dove Design's direct labor rate and its predetermined overhead allocation rate for 2018. 2. Compute the total cost of each job. 3. If Harrison wants to earn profits equal to 20% of service revenue, what fee should she charge each of these two clients? 4. Why does Dove Design assign costs to jobs? Requirement 2. Compute the total cost of each job. First, enter the direct costs for each job. Then enter in the indirect costs and compute the total cost for each job. (Enter a "0" for any zero balances.) Print Done Dove Design, Inc. Estimated Cost of Food Coop and Maynard Chocolates Jobs Maynard Food Coop Chocolates Direct Costs: hrs. hrs. Total Direct Costs Allocated Indirect Costs: % x 1% x Total Costs Requirement 3. If Harrison wants to earn profits equal to 20% of service revenue, what fee should she charge each of these two clients? Food Coop $ Maynard Chocolates $ Requirement 4. Why does Dove Design assign costs to jobs? Dove Design assigns costs to jobs to help the company V that cover all costs and contribute to profit. Assigning costs to | also can help Dove Design control costs. Choose from any list or enter any number in the input fields and then continue to the next question. 0 Data Table 0 Data Table 8,000 hours Food Coop 800 hours Maynard Chocolates 100 hours Direct labor hours (professionals) Direct labor costs (professionals) Support staff salaries Computer leases Office supplies Office rent $2,400,000 356,000 41,000 22,000 61,000 Direct labor hours Software licensing costs Travel costs $ $ 500 3,000 6,000 Print Done Print Done