Speedy Auto Repairs uses a job$-$order costing system. The

company$$s direct materials consist of replacement parts installed

in customer vehicles, and its direct labor consists of the

mechanics$$ hourly wages. Speedy$$s overhead costs include various

items, such as the shop manager$$s salary, depreciation of

equipment, utilities, insurance, and magazine subscriptions and

refreshments for the waiting room.$$The company applies all of its overhead costs to jobs based on

direct labor$-$hours. At the beginning of the year, it made the

following estimates:$$Required:$1.$ Compute the predetermined overhead rate$\mathrm{.}2.$ During the year, Mr$.$ Wilkes brought in his vehicle to replace

his brakes, spark plugs, and tires. The following information was

available with respect to his job:$$Compute Mr$.$ Wilkes$$ total job cost$\mathrm{.}3.$ If Speedy establishes its selling prices using a markup

percentage of $40\%$ of its total job cost, then how much would it

have charged Mr$.$ Wilkes?Complete the question by entering your answers

in the tabs given below.Compute the predetermined overhead rate. $($Round your answer to $2$

decimal places.$)$