100,000

Question 8 (1 point) Hilly & Co manufactures several products. The company currently uses a plant wide overhead rate based on direct labour hours but is considering implementing an activity based costing (ABC) system that allocates its manufacturing overhead to cost pools as follows: Total Estimated Activity Expected Activity Overhe Supporting direct labour 7500 direct labour hours $ UO Machine setups 750 setups 150,000 Special processing 5,000 machine hours 85,000 General factory These costs are not 120.000 allocated to customers or products Required: Calculate the company's current predetermined overhead rate Round your answer to two decimal places and do not include a dollar sign ie 0.00 Your