Tech Solutions is a consulting firm that uses job-order costing. its direct materlals consist of hardware and software it purchases and installs on behalf of its clients. The firm's direct labor includes salaries of consultants who work at the client's job site, and its overhead consists of costs such as depreciation, utilties, and insurance related to the office neadquarters as well as the office supplies consumed serving clients Tech Solutions computes its predetermined overhead rate annually based on direct labor-hours. At the beginning of the year, it estimated 80,000 direct labor-hours would be required for the perlod's estimated level of cllent service. The company also estimated $680,000 of fixed overhead cost for the coming perlod and varlable overhead of $0.50 per direct labor-hour. The firm's actual overhead cost for the year was $692,000 and its actual total direct labor was 83,000 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 avallable for this job: Compute the total job cost for Xavier Company Complete this question by entering your answers in the tabs below. Compute the total job cost for the Xavier Company engagement. Complete this question by entering your answers in the tabs below. Compute the predetermined overhead rate. Note: Round your answer to 2 decimal places