Vista Design is an interior design firm. The firm uses a job cost system in which each client is a different "job." Vista Design traces direct labor, licensing costs, and travel costs directly to each job (client). It allocates indirect costs to jobs based on a predetermined indirect cost allocation rate computed as a percentage of direct labor costs. Requirement 1. Compute Vista Design's predetermined indirect cost allocation rate for the current year. Identify the formula, then compute the rate. (Enter the result as a whole number.) Predetermined indirect cost allocation rate % Requirement 2. Compute the total cost of each of the two jobs listed. First enter in the direct costs for each job, then enter in the indirect costs and total cost for the jobs. (Complete all answer boxes. For accounts with no balance, make sure to enter "0" in the appropriate cell. Enter percentage amounts as a whole number. Round your answers to the nearest whole dollar.) Vista Design Estimated Cost of Fancy Food and GoGreen.com Jobs Fancy Food GoGreen.com Direct Costs: hours x hours x Total Direct Costs Indirect Costs: % x % x Total Cost Requirement 3. If Vista Design wants to earn profits equal to 30% of sales revenue, how much (what total fee) should the company charge each of these two clients? Identify the formula then determine the amount Vista Design should charge these clients. (Round your answers to the nearest whole dollar.) Fee charged Fancy Food % GoGreen.com % Requirement 4. Why does Vista Design assign costs to jobs? Vista Design assigns costs to jobs to help the company V that cover all costs and contribute to profit. Assigning costs to also can help Vista Design control costs. Choose from any list or enter any number in the input fields and then continue to the next question. At the beginning of the current year, managing partner Eileen Flemming prepared the following budget: 5 Click the icon to view the prepared budget.) Later that same year in November, Vista Design served several clients. Records for two clients appear here: (Click the icon to view the records for two clients.) Read the requirements. Data Table - X Data Table 8,000 hours Direct labor hours (professional) Direct labor costs (professional) $ 1,200,000 140,000 Fancy Food GoGreen.com Support staff salaries.. $ Direct labor hours 730 hours 45 hours $ 47,000 Licensing costs $ 2,800 $ 500 Computer lease payments. Office supplies. Office rent $ Travel costs 6,000 $ 0 27,000 62,000 $ Print Done Print Done