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A company estimated 145,328 direct labor hours and $676,510 in overhead. The actual overhead was $606,515, and there were 102,843 direct labor hours. What is

A company estimated 145,328 direct labor hours and $676,510 in overhead. The actual overhead was $606,515, and there were 102,843 direct labor hours. What is the predetermined overhead rate? Round to the nearest penny, two decimal places.

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