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Show Attempt History Current Attempt in Progress The consulting firm Wildhorse Financial employs 46 full-time staff. The estimated compensation per employee is $106,200 for 1,770

image text in transcribed Show Attempt History Current Attempt in Progress The consulting firm Wildhorse Financial employs 46 full-time staff. The estimated compensation per employee is $106,200 for 1,770 hours. It charges all direct labour costs to clients. It includes any other costs in a single indiract cost pool and allocates them based on labour hours. Actual indirect costs were $855,500. Estimated indirect costs for the coming year are $1,470,000. The firm expects to have 68 clients in the coming year. (a) * Your answer is incorrect. Determine the overhead rate per direct labour hour. (Round anwer to 2 decimal places, e.g. 2.25.) Overhead rate per direct labour hour $ eTextbook and Media Solution Attempts: 3 of 3 used (b) Determine the direct labour rate per hour. (Round anwer to 2 decimal places, e.g. 2.25.)

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