Blossom Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $525,000 for the year and machine usage is estimated at 125,000 hours. For the current year, $558,000 of manufacturing overhead costs are incurred and 130,000 hours are used. (a) Compute the predetermined manufacturing overhead rate for the year. (Round answer to 2 decimal places, e.g. 52.75.) Overhead rate per machine hour