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consumed serving cuents. Tech Solutions computes its predetermined overhead rate annually based on direct labor-hours....

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Accounting

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consumed serving cuents. Tech Solutions computes its predetermined overhead rate annually based on direct labor-hours. At the beginning of the year, it estimated 57,500 direct labor-hours would be required for the period's estimated level of client service. The company also estimated: $345,000 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour. The firm's actual overhead cost for the year was $365,300 and its actual total direct labor was 64,000 hours. Required: 1. Compute the predetermined overhead rate 2. During the year, Tech Solutions started and completed the Xavier Company engagement. The following information was available for this job: Compute the total job cost for Xavier Company Complete this question by entering your answers in the tabs below. Compute the predetermined overhead rate. Note: Round your answer to 2 decimal places

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