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2: (1 point) Exercise 3-3 Compute the Predetermined Overhead Rate [LO3] Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours.
2: (1 point) Exercise 3-3 Compute the Predetermined Overhead Rate [LO3] Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year it estimated that its total manufacturing overhead would be $134,000 and the total direct labor would be 20,000 hours. Its actual total manufacturing overhead for the year was $123,900 and its actual total direct labor was 21, Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year it estimated that its total manufacturing overhead would be $134,000 and the total direct labor would be 20,000 hours. Its actual total manufacturing overhead for the year was $123,900 an Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year it estimated that its total manufacturing overhead would be $134,000 and the total direct labor would be 20,000 hours. Its actual total manufacturing overhead for the year was $123,900 and its actual total direct labor was 21,000 hours.d its actual total direct labor was 21,000 hours.000 hours. Required: Compute the company's predetermined overhead rate for the year. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Predetermined overhead rate $ ___6.6_________ per DLH
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