Block Advertising pays Ryan Johnson $97,290 per year. Requirements 1. What is the hourly cost to Block Advertising of employing Johnson? Assume a 45-hour week and a 47-week year. What direct labor cost would be assigned to Client 507 if Johnson works 19 hours to prepare Client 507's magazine ad? 2. Requirement 1. What is the hourly cost to Block Advertising of employing Johnson? Assume a 45-hour week and 47-week year. Select the formula below that Block Advertising would use to calculate the hourly cost and complete the formula. (Round the hourly cost to the neare Hourly cost