Activity C Labor-rela Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 29, 2ee $ 7,000 $ 18, eee $ 24,eee $ 24,000 $ 47,600 $ 59,600 Expected Activity o direct labor-hours 7, machine-hours 500 setups see orders 1,200 tests 3,480 packages 4,088 direct labor-hours Exercise 4-2 Part 2 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Predetermined overhead rate $ 10.16 per DLH