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 appites all of its overhead costs to jobs based on direct labor-hours. At the beginning of the year, it made the following estimates Direct labor-hours required to support estimated output Fixed overhead cost variable overhead cost per direct labor-hour 20, eee $364,00 $ 1.00 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 5 727 $ 215 2 Compute Mr. Wilkes totaljob Cost 3. Speedy establishes its selling pnces 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. Med 1 Pequired Required a Compute the predetermined overhead rate. (Round your answer to 2 decimal places) Premie w bead per DLH Required 2 > 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 Direct labor-hours required to support estimated output Exed overhead cost Variable overhead cost per direct labor hour 28,000 $364,000 1.00 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 avollable with respect to his job Direct materiais Direct labor cost Direct lobor hours used $7 $ 215 2 Compute Mr. Wilkes total job cost 2. Speedy established in peces uing a markup percentage of 30% of is total job cout, then how much would it have charged Mr. Wilket Complete the question by entering your answers in the tabs given below. neutrada Red Required Compute Mr. Wikes total job cost. Round your intermediate cloutiens to 3 del lacus.) Dumatera De Overhead pled Tooted to Mr. We Required) 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 applier all of its overhead costs to Jobs based on direct labor hours. At the beginning of the year, it made the following osumates Direct labor hours required to support estimated output Fired overhead cost Variable overhead cost per direct labor-hour 28,000 5 364,00 $ 1.00 Required: 1 Compute the predetermined overhead rate 2. During the year. Mi Wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. The following information was available with respect to his job Direct materiais Direct Inbor cost Direct Labor hours used 1777 $ 215 2 Compute Mr Wiker totaljob cost 3. Speedy establishes is selling prices using a markup percentage of 30% of its total job cost, then how much would I have charged Mt Wilkes? Complete the question by entering your answers in the tabs given below. Baguire prety stablishes its selling cessing a markup percentage of 30% of its total job cost, then how much would have chunged Me Wies? (und your intermediate calculation to 2 decimal place.)