Requirement 1. Compute Pelican Design's predetermined indirect cost allocation rate for the current year. Identify the formula, then compute the rate. (Enter the result as a whole number.) Predetermined indirect Total estimated manufacturing costs Total estimated direct labor cost cost allocation rate 1000000 % cal, e icon to view the prepared budget.) me year in November, Pelican Design served several clients. Records for two clien e icon to view the records for two clients.) quirements. X Data Table Direct labor hours (professional) 8,000 hours Direct labor costs (professional) .....$ 1,000,000 Support staff salaries .... $ 80,000 Computer lease payments .. ... $ 46,000 Office supplies...... 25,000 Office rent. ... ... $ 49,000 $ Print Done