Shire Company's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $840,000 of overhead costs and $600,000 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the predetermined overhead rate for this period? Overhead. Rate Denominator Numerator Overhead Rate Overhead rate Rocurd Required 2 > 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 dollar amount.) JOB COST SHEET Customer's Name: Keiser Company Job Description: 3 customized systems Direct Materials Direct Labor Time-Ticket Applied Job Number: 56 Overhead Date Total Cost Requisition Number Cost Cost Number March 0B M-129 $ 640 $ 896 March 11 M-142 6.000 T-306 6,950 T-432 4,000 T-456 1,270 1.778 March 18 M-167 1,280 1.792