1 A company estimates the following manufacturing costs for the next period: direct labor, $532,000, direct materials, $200,000 and factory overhead, $135.000. Required: 1. Compute its predetermined overhead rate as a percent of direct labor 2. Compute its overhead cost as a percent of direct materials. 5 Complete this question by entering your answers in the tabs below. BOOK Print Required 1 Required 2 Compute its predetermined overhead rate as a percent of direct labor ferences Overhead Rate Choose Denominator Choose Numerator Overhead Rate Overhead Rate 1 Required a