Shire Company's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $944,000 of overhead costs and $590,000 of direct labor cost for the period. During March, Shire began and completed Job 56 1. What is the predetermined overhead rate for this period? 2. Use the information on the following job cost sheet to determine the total cost of Job 56. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the information on the following job cost sheet to determine the total cost of Job 56. (Round your answers to the nearest dollar amount.) Customer's Name: Keiser Company Job Description: 3 customized systems JOB COST SHEET Job Number: 56 Direct Materials Direct Labor Overhead Date Requisition Number Cost Time Ticket Number Total Cost Cost Applied March 08 M-129 $3,000 T-306 S 700 S 1.120 March 11 M-142 6,600 T-432 1,260 2,016 March 18 M-167 3,900 T-456 1.330 2,128 $ 13,500 $ 3,290 S 5,264 $ 410