Wesson Company is a consulting firm. The firm expects to have $45,000 in indirect costs during the year and bill customers for 6,000 hours. The cost of direct labor is $75 per hour. 16. Calculate the predetermined overhead allocation rate for Wesson. Wesson completed a consulting job for George Peterson and billed the customer for 15 hours. What was the total cost of the consulting job? If Wesson wants to earn a profit equal to 60% of the cost of a job, how much should the company charge Mr. Peterson? 17. 18 16. Calculate the predetermined overhead allocation rate for Wesson. Predetermined overhead allocation rate per hour 17. Wesson completed a consulting job for George Peterson and billed the customer for 15 hours. What was the total cost of the consulting job? Wesson Company Total Cost of the Peterson Job hrs. * hrs x Total cost 18. If Wesson wants to eam a profit equal to 60% of the cost of a job, how much should the company charge Mr. Peterson? Add: Required charge for job