Southwestern, Inc. is a technology consulting firm focused on Web site development and integration of Internet business applications. The president of the company expects to incur $850,000 of indirect costs this year, and she expects her firm to work 5,000 direct labor hours. Southwestern's systems consultants provide direct labor at a rate of $270 per hour Clients are billed at 170% of direct labor cost. Last month, Southwestern's consultants spent 200 hours on Kingston's engagement Requirements 1. Compute Southwestern's predetermined overhead allocation rate per direct labor hour 2. Compute the total cost assigned to the Kingston engagement 3. Compute the operating income from the Kingston engagement Predetermined un Estimated overhead costs $ 850,000 Estimated qty of the allocation base. 5,000 allocation rate $ 170 Requirement 2. Compute the total cost assigned to the Kingston engagement Begin by selecting the formula to calculate the overhead costs assigned to the engagement Actual qty of the allocation base used Allocated Predetermined OH allocation rate overhead costs Now compute the total cost assigned to the Kingston engagement Total cost of engagement