A company estimates the following manufacturing costs at the beginning of the period: direct labor, $$512,000$; direct materials, $$223,000$; and factory overhead, $$127,000.$

Required:

Compute its predetermined overhead rate as a percent of direct labor.

Compute its predetermined overhead rate as a percent of direct materials.

Complete this question by entering your answers in the tabs below.

Compute its predetermined overhead rate as a percent of direct labor.

$\backslash$table$[[$Overhead Rate$],[$Numerator:$,1,$Denominator:,$=,$Overhead Rate,,$],[,1,,=,$Overhead Rate,,$],[,1,,=,,,]]$