X Data table Data table Direct labor hours (professional) . . . . . 10,000 hours Food Place Sun Time.com Direct labor costs (professional) . . .. . . $ 1,100,000 Direct labor hours . . . . . 750 hours 60 hours Support staff salaries . . . . . . . . . . . $ 140,000 Licensing costs . . . . . .. 3,000 $ 250 Computer lease payments . . . . . $ 46,000 Travel costs . . . . . . $ 5,000 $ 0 Office supplies. . . . . . . . $ 26,000 Office rent. . . . . . $ 63,000 Print Done Print Done 70Crow Design is an interior design firm. The firm uses a jot:- cost At the beginning of the current year. managing partner system in which each client is a different "job." Crow Design traces MaryAlice Distasio prepared the following budget: direct labor: licensing costs. and travel costs directly to each (Click the icon to View the prepared budget.) job (client). It allocates indirect costs to jobs based on a . . predetermined indirect cost allocation rate computed as a Later that-same year In November. Crow Design served several clients. Records for two clients appear here: percentage of direct labor costs. @ (Click the icon to Viewr the records for two clients.) Read the Equirements. Requirement 1. Compute Crow 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 Crow Design Estimated Cost of Food Place and SunTime.com Jobs Food Place Sun Time.com Direct Costs: hours x hours x Total Direct Costs Indirect Costs: % x\fRequirement 3. It Grow Design wants to earn prots equal to 10% of sales revenue, how much (what total fee) should the company charge each of these two clients? Identify the formula then determine the amount Crow Design should charge these clients. (Round your answers to the nearest whole dollar.) Food Place Sun'l'lme.com I:I+ Fee charged + 0A, Requirement 4. Why does Crow Design assign costs to jobs? Crow Design assigns costs to jobs to help the company V that cover all costs and contribute to profit. Assigning costs to V also can help Crowr Design control costs