2. PFL Corporation has the following estimated costs: Direct Materials Costs S Rent on Factory Buildings Sales Salaries s Depreciation on Equipments Prod Supv Hourly Wages S 7,500 16,000 25,000 17,000 10,000 Utilties Costs for Factory 5 13,000 Direct Labor Hourly Rate 5 14.00 Direct Labor Hours 2,000 Machine Hours 12,000 The company uses Direct Labor Dollars as their activity base. Given this information, what is their predetermined overhead rate for the upcoming year