At the beginning of the year, a company estimates total direct materials costs of $$900,000$ and total overhead costs of $$1,170,000.$ 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?

$\backslash$table$[[$Predetermined overhead rate$],[$Numerator:$,1,$Denominator:,$=,$Rate$],[,1,,=,$Rate$],[,1,,=,]]$