Brief Exercise 20-06 Wildhorse Company estimates that annual manufacturing overhead costs will be $808,080. Estimated annual operating activity bases are direct labor cost $481,000, direct labor hours 48,100, and machine hours 96,200. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) Overhead rate per direct labor cost % Overhead rate per direct labor hour $ Overhead rate per machine hour $ Click if you would like to Show Work for this question: Open Show Work