Speedy Auto Repairs uses job-order costing. Its 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. 2. During the year, Mr. Wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. The following information pertains to his job: Compute Mr. Wilkes' total job cost. 3. If Speedy establishes selling prices using a markup percentage of 40% of its total job cost, then how much would it have charged Mr. Wilkes? Complete this question by entering your answers in the tabs below. If Speedy establishes selling prices using a markup percentage of 40% of its total job cost, then how much would it have charged Mr. Wilkes? Note: Round your intermediate calculations to 2 decimal places. Complete this question by entering your answers in the tabs below. Compute Mr. Wilkes' total job cost. Note: Round your intermediate calculations to 2 decimal places. 3. If Speedy establishes selling prices using a markup percentage of 40% of its total job cost, then how much would it have charger Mr. Wilkes? Complete this question by entering your answers in the tabs below. Compute the predetermined overhead rate. Note: Round your answer to 2 decimal places