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Segal Design, Inc. is a Web site design and consulting firm. The firm uses a job order costing system in which each client is a

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Segal Design, Inc. is a Web site design and consulting firm. The firm uses a job order costing system in which each client is a different job. Segal Design assigns direct labor, licensing costs, and travel costs directly to each job. It allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Holly Delough prepared the following budget estim (Click the icon to view the prepared budget.) In November 2018, Segal Design served several clients. Records for two clients appear here: (Click the icon to view the records for two clients.) Read the requirements Requirement 1. Compute Segal Design's direct labor rate and its predetermined overhead allocation rate for 2018. (Abbreviation used: OH = overhead.) - X Begin with the direct labor rate. Data Table Direct labor rate per hour Compute Segal Design's predetermined overhead cost allocation rate for 2018. Predetermined OH cost allocation rate % Direct labor hours (professionals) Direct labor costs (professionals) Support staff salaries Computer leases Office supplies Office rent 8.000 hours $ 2,400,000 587,000 41,000 24.000 Requirement 2. Compute the total cost of each job First, enter the direct costs for each job. Then enter in the indirect costs and compute the total cost for each job. (Enter a "0" for any zero balances.) 68,000 Print Done Segal Design, Inc. Estimated Cost of Yummy Treats and White Chocolates Jobs White Yummy Treats Chocolates Direct Costs: - X Data Table hrs. x hrs. x Yummy Treats 800 hours 4,000 7,000 Direct labor hours Software licensing costs Travel costs White Chocolates 200 hours $ 300 Total Direct Costs Allocated Indirect Costs: % x s 0 % X Print Done Total Costs Requirement 3. If Delough wants to earn profits equal to 20% of service revenue, what fee should she charge each of these two clients? Yummy Treats White Chocolates $ $ Requirement 4. Why does Segal Design assign costs to jobs? Choose from any list or enter any number in the input fields and then continue to the next

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