Root Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Debra Root prepared the following budget for the year: B (Click the icon to view the prepared budget.) i (Click the icon to view additional information.) Read the requirements. Requirement 1. Compute Root Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead allocation rate. Begin with (a) hourly direct labor cost rate. Direct labor cost rate per hour Root Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Debra Root prepared the following budget for the year: B (Click the icon to view the prepared budget.) (Click the icon to view additional information.) Read the requirements. - X Data Table Requirement 1. Compute Root Realtors' (a) Begin with (a) hourly direct labor cost rate. 20,000 hours Direct labor hours (professionals) Direct labor costs (professionals) Office rent $ 2,300,000 340,000 1,185,000 430,000 Support staff salaries Utilities Choose from any list or enter any number in ? Print Done Done norte