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Tibbs Consulting, a real estate consuting firm, specializes in advising companies on potential new plant sites. The firm uses a job cost system with a preclatermined indirect cost allocaticn rate computed as a percentage of expected drect labor costs. At the beginning of the year, managing partner Mike Tibbs prepared the following plan, or budget, for the year: (Cick the icon to view the prepared budgot) Read the Requirement 1 a. Compute Tibbs Consulting's hourty drect labor cost rate. (Round your answer to the nearest whole dollar) Requirement 1b. Compute Tibbs Consulting's indirect cost aliocation fate. (Round your answer to the nearest whole number.) Predetermined indirect cont allocation rate Requirement 2. Compuse the predicted cost of the Root Resources job. Enter the direct labor and the indeect costs for the Root Resources, then calculate the total predicled cost for the job. (Enter percentage amourt as a whole number. Round interin calculation and Snal answors to the nearest whole dollar.) Requirement 3. it Tibbs Consulteng wants to eam a proft that equais 55$ of the job's cost, how much should the company bid for the Root Roscurces job? iRround your answern to the nearest Data table Root Resources is inviting several consulting firms to bid for work. Tibbs estimates that this job will require about 190 direct labor hours

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