*Brief Exercise 4-1 a-b (Part Level Submission) Digger Inc. sells a high-speed retrieval system for mining information. It provides the following information for the year. Budgeted Actual $1,198,800 $1,168,800 55,300 48,700 Overhead cost Machine hours Direct labor hours 108,000 104,500 Overhead is applied on the basis of direct labor hours. *(a) Your answer is correct. Brief Exercise 4-1 a-b (Part Level Submission) Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 12.25.) Predetermined overhead ra o per direct labor hour Attempts: 1 of 3 used *(b) Your answer is incorrect. Try again. Determine the amount of overhead applied for the year. Amount of overhead applied J11.10