ompute ly direct Data Table ad alloca - $ Direct labor hours (professionals) Direct labor costs (professionals) Office rent Support staff salaries Utilities 13.750 hours 2,200,000 330,000 1,200,000 450,000 Print Done y list or enter any number in the input fields and then click Check Answer Check Answer Compute Chance Realtors (a) hourly direct labor cost rate and (b) predetermined overhead Requirements 1. Compute Chance Realtors (a) hourly direct labor cost rate and (b) predetermined overhead allocation rate. 2. Compute the predicted cost of the Maynard Manufacturing job. 3. If Chance wants to earn a profit that equals 25% of the job's cost, how much should he bid for the Maynard Manufacturing job? Print Done many list or enter any number in the input fields and then click CheckAnswer Clean Check Answf equirements ent 1. Compute Chance Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead allocation (a) hourly direct labor cost rate i More Info Maynard Manufacturing, Inc. is inviting several consultants to bid for work. Andrew Chance wants to submit a bid. He estimates that this job will require about 180 direct labor hours. Hrint Print | Done Done e from any list or enter any number in the input fields and then click Check Answer lear All Check Answer Begin with (a) hourly direct labor cost rate. Estimated direct labor costs Estimated direct labor hours Estimated total indirect costs Chance Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses a job order costing system with a predetermined overhead allocation rate, computed as a percentage of direct labor costs. At the beginning of 2018, managing partner Andrew Chance prepared the following budget for the year Click the icon to view the prepared budget) (Click the icon to view additional information) Read the requirements Requirement 1. Compute Chance Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead allocation rate. Begin with (a) hourly direct labor cost rate. Direct labor - cost rale per hour