Concord Company estimates that annual manufacturing overhead costs will be $805,000. Estimated annual operating activity bases are direct labor cost $500,000, direct labor hours 50,000, and machine hours 100,000 Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, eg. 10.50.) Overhead rate per direct labor cost % Overhead rate per direct labor hour $ Overhead rate per machine hour $