A company estimated its annual overhead costs to be $$2000000$ and its direct labor costs to be $$1600000.$ Actual overhead $$1950000,$ and actual labor costs totaled $$1500000.$ What is the company's predetermined overhead rate to the nearest cer

$$1\mathrm{.}33$

$$1\mathrm{.}30$

$$1\mathrm{.}25$

$$1\mathrm{.}22$