(8.5) Calculate overhead rates. that the United Tailors Company uses the direct labor hours basis for overhead rates. Determine the rates for the year if the estimated direct labor hours are as shown below Round the rates to three decimal places. (Obj. 3). Assume the same facts as in Exercise 8.4, except Hours Department 101 Department 102 Department 103 120,000 150,000 87,000 JUL AUG SEP OCT MAY JUN 2 (8.5) Calculate overhead rates. that the United Tailors Company uses the direct labor hours basis for overhead rates. Determine the rates for the year if the estimated direct labor hours are as shown below Round the rates to three decimal places. (Obj. 3). Assume the same facts as in Exercise 8.4, except Hours Department 101 Department 102 Department 103 120,000 150,000 87,000 JUL AUG SEP OCT MAY JUN 2