Ryan & Marks, Design Consultants, has the following budget for the year: Direct labor (for professional hours charged to clients) Overhead Indirect materials Indirect labor Depreciation - Building Depreciation - Furniture Utilities Insurance Property taxes Other expenses Total $202,000 10,000 150,000 50,000 5,000 12,000 4,800 5,200 3,380 $240,380 The firm uses direct labor as the cost driver to apply overhead to clients. During January, the firm worked for many clients; data for two of them follow: Henderson account: Direct materials Direct labor Fisher account: Direct materials Direct labor $ 400 3,000 $ 5,380 12,600 Required: (a) Compute the company's budgeted overhead rate. Explain how this is used. (b) Compute the amount of overhead to be charged to the Henderson and Fisher accounts using the predetermined overhead rate calculated in requirement (a). (c) Compute the separate job cost for the Henderson and Fisher accounts.