Ch. 2-BMW is in the process of calculating its predetermined overhead rate (POHR) for it budget for 2022. They estimate their predetermined overhead rate using direct labor hours has the allocation base. BMW has the following estimates and actual results. Actual total manufacturing overhead $ 493,000 Actual activity level 45,000 labor-hours machine- Actual activity level 20,000 hours Estimated total manufacturing overhead from the $ 500,000 beginning of the year Estimated activity level from the beginning of the year 50,000 labor-hours machine- Estimated activity level from the beginning of the year 19,000 hours The POHR BMW would use for all jobs is closest to: (Round your intermediate calculations to 2 decimal places.)