White 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 2024 , managing partner Kenneth White prepared the following budget for the year: (Click the lcon to view the prepared budget) i. (Click the icon to view additional information.) Read the requirements. Requirement 1. Compute White Realtors' (a) hourly direct labor cost rate and (b) predetermined overhead allocation rate. Begin with (a) hourly direct labor cost rate. Data table More info Jones Manufacturing, Inc. is inviting several consultants to bid for work. Kenneth White wants to submit a bid. He estimates that this job will require about 210 direct labor hours