At the beginning of a year, a company predicts total direct materials costs of $1,100,000 and total overhead costs of $1,270,000. If the company uses direct materials costs as its activity base to apply overhead, what is the predetermined overhead rate it should use during the year? CHORO NOMOR Pietermed overnd rate do nominato Rate At the beginning of a year, a company predicts total direct materials costs of $1,100,000 and total overhead costs of $1.270,000. If the company uses direct materials costs as its activity base to apply overhead, what is the predetermined overhead rate it should use during the year? Puedetermined over de Choose Denominator Choose Numerator RO Rate Actual overhead cost Applied overhead cost Cost of goods sold Current assets Current liabilities the beginning of a year, a company predicts total direct materials costs of $1,100,000 and total overhead costs of $1,270,000. If the ompany uses direct materials costs as its activity base to apply overhead, what is the predetermined overhead rate it should use Laring the year? Choose MOTOR Pretermined overhead to ChooDominator 1 pot Rate Current assets Current liabilities Estimated overhead costs Net sales Estimated direct materials