The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The requisitions are identified by code numbers starting with the letter Q, and the time tickets start with W. At the start of the year, management estimated that overhead cost would equal 110% of direct labor cost for each job. Date 7/1 7/1 7/5 7/5 7/10 Document Amount 0-4698 $2,200 W-3393 1,550 -4725 1,950 W-3479 1,400 W-3559 1,250 Determine the total cost on the job cost sheet for Job 9-1005. JOB COST SHEET: Job 9-1005 Direct Materials Direct Labor Requisition No. Amount Time-Ticket No. Amount Total Cost Date Overhead Costs Applied 07/01 07/05 07/10 Shire Computer's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $696,000 of overhead costs and $580,000 of direct labor cost for the year. During March, Shire began and completed Job 13-56. 1. What is the predetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the predetermined overhead rate for the year? Choose Numerator: Overhead Rate 1 Choose Denominator: 1 / Overhead Rate Overhead rate Required Required 2 > WAW e preuetermined overhead rate for the year? 2. Use the information on the following job cost sheet to determine the total cost of the job. Complete this question by entering your answers in the tabs below. OK + ces Required 1 Required 2 Using the information on the following job cost sheet, determine the total cost of the job. (Round your answers to the nearest dollar amount.) JOB COST SHEET Customer's Name: Kelser Co. Job No: 13-56 Job Description: 5 plasma monitors-61 inch Direct Materials Direct Labor Overhead Total Cost Costs Date Requisition No. Amount Time-Ticket No. Amount Applied Mar. 8 4-129 $ 3,000 T-306 660 Mar. 11 4-142 6,600 T-432 1,330 Mar. 18 4-167 1,340 3,650T-456 $