Check my work Part 1 of 2 Budgeted sales revenue Actual manufacturing overhead Budgeted machine hours (based on practical capacity) Budgeted direct-labor hours (based on practical capacity) Budgeted direct-labor rate Budgeted manufacturing overhead Actual machine hours Actual direct-labor hours Actual direct-labor rate $200,000 336,000 8,000 20,000 $ 13 $364,000 11,000 18,000 $ 16 2.5 points eBook Print Required: 1. Compute the firm's predetermined overhead rate for the year using each of the following common cost drivers: (a) machine hours, (b) direct-labor hours, and (c) direct-labor dollars. (Round your answers to 2 decimal place.) Overhead Rate $ 45.50 per machine hour Cost Drivers (a) Machine hours |(b) Direct-labor hours (c) Direct-labor dollars per direct-labor hour per direct-labor dollar