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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

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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 aplies all of its overhead costs to jobs based on direct labor-hours. At the beginning of the year, it made the following estimales: 10,000 90,000 $ Direct labor-hours required to suport estimated output Fixed overhead cost Variable overhead cost per direct labor-hour Required: 1. Compute the predetermined overhead rate. 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: Direct materials Direct labor cost Direct labor-hours used $ 600 SO Compute Mr. Wilkes' total job cost. 3. If Speedy establishes its selling prices using a markup percentage of 30% 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. Saved 1. Compute the predetermined overhead rate. 2. During the year, Mr. Wilkes brought in his vehicle to replace his brakes, spark plugs. a available with respect to his job: 01:51:09 Direct materials Direct labor cost Direct labor-hours used $ 600 $ 180 Print Compute Mr. Wilkes' total job cost. 3. If Speedy establishes its selling prices using a markup percentage of 30% of its total jol Mr. Wilkes? Complete the question by entering your answers in the tabs given below. Required 1 Required 2 Required 3 Compute the predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH

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