Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Line Item Description Amount Overhead $435,100 Direct labor hours 81,000 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 12,960. Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. fill in the blank 1 of 1$ per direct labor h