In december 2016, shire computer’s management establishes the 2017 predetermined overhead rate based on direct labor cost. the information used in setting this rate includes estimates that the company will incur $754,000 of overhead costs and $580,000 of direct labor cost in year 2017. during march 2017, shire began and completed job 13-56. 1. what is the predetermined overhead rate for 2017? 2. using the information on the following job cost sheet, determine the total cost of the job.

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?