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Tech Solutions is a consulting firm that uses a job order costing system. Its direct materials consist of hardware and software that it purchases and

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Tech Solutions is a consulting firm that uses a job order costing system. Its direct materials consist of hardware and software that it purchases and installs on behalf of its clients. The firm's direct labor includes salaries of consultants that work at the client's job site and its overhead consists of costs such as depreciation, utilities, and insurance related to the office headquarters as well as the office supplies that are consumed serving clients. Tech Solutions computes its predetermined overhead rate annually on the basis of direct labor hours. At the beginning of the year. It estimated that 82.500 direct labor hours would be required for the period's estimated level of client service. The company also estimated $866.250 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour. The firm's actual overhead cost for the year was $883,550 and its actual total direct labor was 90,450 hours. Required: 1. Compute the predetermined overhead rate. 2 During the year. Tech Solutions started and completed the Xavier Company engagement. The following information was available with respect to this job Direct waterials Direct labor cost Direct Labor-hours worked 30,150 5 25,500 333 Compute the total job cost for the Xavier Company engagement Complete this question by entering your answers in the tabs below. Required 1 Required 2 Tech Solutions is a consulting firm that uses a job order costing system. Its direct materials consist of hardware and software that it purchases and installs on behalf of its clients. The firm's direct labor includes salaries of consultants that work at the client's job site and its overhead consists of costs such as depreciation, utilities, and insurance related to the office headquarters as well as the office supplies that are consumed serving clients. Tech Solutions computes its predetermined overhead rate annually on the basis of direct labor hours. At the beginning of the year. It estimated that 82.500 direct labor hours would be required for the period's estimated level of client service. The company also estimated $866.250 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour. The firm's actual overhead cost for the year was $883,550 and its actual total direct labor was 90,450 hours. Required: 1. Compute the predetermined overhead rate. 2 During the year. Tech Solutions started and completed the Xavier Company engagement. The following information was available with respect to this job Direct waterials Direct labor cost Direct Labor-hours worked 30,150 5 25,500 333 Compute the total job cost for the Xavier Company engagement Complete this question by entering your answers in the tabs below. Required 1 Required 2

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