Carla Vista Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $$500,000$ for the year, and machine usage is estimated at $125,000$ hours.

For the year, $$531,000$ of overhead costs are incurred and $130,000$ hours are used.

$($a$)$

Compute the manufacturing overhead rate for the year. $($Round answer to $2$ decimal places, e$.$g$.52\mathrm{.}75.)$

Overhead rate per machine hour

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