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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

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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 70,000 direct labor-hours would be iequired for the period's estimated level of client service. The company also estimated $595,000 of fixed overhead cost for the coming period and variable overthead of $0.50 per direct labor-hour, The firm's octual overhead cost for the year was $615,000 and its actual total direct labor was 77,350 hours. Required: 1. Compute the predetermined overheod rate. 2. During the year, Tech Solutions started and completed the Xavier Company engogement. The following information was avalable with respect to this job: Compute the total job cost for the Xavier Company engagenient. Complete this question by entering your answers in the tabs below. 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: Compute the total job cost for the Xavier Company engagement. Complete this question by entering your answers in the tabs below. Compute the predotermined everhead rote. (pround your answer to 2 decmes places.) Required: 1. Compute the predetermined overhead rate. 2. During the year, Tech S.olutions started and completed the Xavier Company engagement. The following information was available with respect to this job: Compute the total job cost for the Xavier Company engagement. Complete this question by entering your answers in the tabs below

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