Speedy Auto Repairs uses ajob-oroer costing system. The company's direct materials consist of replacement parts instalied 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 tojobs based on direct labor-hours. At the beginning of the year. it made the following estimates: Direct labor-hours required to support estimated output 34,098 Fixed overhead cost 5 493,996 Variable aver-head cost per direct labor-hour S 1.83 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 hisjob: Direct materials 3 MB Direct labor cost 3 238 Direct labor-hours used 6 Compute MI: Wilkes' totaliob cost. 3. If Speedy establishes its selling prices using a markup percentage of 50% of its totaljoh cost. then how much would it have charged Mr Wllkes? Required 1 Required 2 Required 3 Compute the predetermined overhead rate. (Round your answer to 2 decimal places: Requlred 1 Required 2 Requlred 3 Compute Mr. Wilkes' total job cost. (Round your intermediate calculations to 2 decimal places.) Direct materials Direct labor Overhead applied Total cost assigned to Mr. Wilkes Required 1 inquired 2 Required 3 if Speedy establishes its selling prices using a markup percentage of 60% of its total job cost. then how much would it have charged Mr. Wilkes? (Round your intermediate alcuiations to 2 decimal pieces.)