Stein Advertising pays Jaclyn Sawyer $106,200 per year. Sawyer works 1,800 hours per year. Assume that Stein's advertising agents are expected to work a total 12,000 direct labor hours in 2014. Stein's estimated total indirect costs are $240,000. Requirements 1. What is Stein's predetermined overhead allocation rate? 2. What indirect costs will be allocated to Client 507 if Sawyer works 16 hours to prepare the magazine ad