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Shire Computers predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $848,000 of overhead costs and $530,000 of direct

Shire Computers predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $848,000 of overhead costs and $530,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56.

1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job.

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