A manufacturing company estimates it will incur $2,200,000 in total direct labor; $1,200,000 in total direct materials; $1,410,000 in total indirect labor; $150,000 in total indirect materials; and $240,000 in other factory overhead for the period. If the company allocates based on direct materials, what will the factory allocation rate be for the period? (5 points) =

If management believes the new estimated total factory overhead should increase to $2,200,000, what is estimated factory overhead rate at the new estimated level? (round to the nearest tenth) (5 points) =