TUSE JU DUY w uidit uit WSLUI 1S JUUS. Uvernead is och job based on the number of direct labor hours spent on that job. ng of the current year, Boston estimated that its overhead for the would be $68,800. It also anticipated using 4,300 direct labor hours (Click the icon to view the jobs.) Boston paid a $30-per-hour wage rate to the employees who these two jobs - - X Data table Job 101 Job 102 te 1. What is Boston's predetern formula to calculate Boston's yearly overhead costs 68,800 $ 10,500 Direct materials used ... Direct labor hours used 15,500 $ 175 + 84 at 2. Calculate the overhead to Print Done Job 101 Job 102 osts Boston Heating & Cooling installs and services commercial heating and cooling systems. Boston uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job At the beginning of the current year, Boston estimated that its overhead for the coming year would be $68,800. It also anticipated using 4,300 direct labor hours for the year. In February, Boston started and completed the following twojobs Click the icon to view the obs) Boston paid a $30-por-hour wage rate to the employees who worked on these two jobs Read the requirements Requirement 1. What is Boston's predetermined overhead rate based on direct labor hours? Determine the formula to calculate Boston's predetermined overhead rate based on direct labor hours, then calculate the rate. Estimated yearly overhead costs Estimated yearly direct labor hours Predetermined overhead rate 68,800 4,300 s per hour Requirement 2. Calculate the overhead to be allocated to each of the two jobs based on direct labor hours, 16 Job 101 Job 102 Overhead costs