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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

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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 predetem overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2024, managing partner Lee Root prepared the following budget for the yoar: EHA (Click the icon to view the prepared budget.) (1) (Click the icon to vlew adidional information.) Read the reguirements Requirement 1. Compute Root Realtors' (a) hourly direct labor cost rate and (b) predelermined overhead allocation rate. Bogin with (a) hourly direct labor cost rate. Data table

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