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Crane Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year follows: Actual manufacturing overhead $100,800

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Crane Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year follows: Actual manufacturing overhead $100,800 Estimated manufacturing overhead $94,500 Direct labor hours incurred 4,800 Direct labor hours estimated 5,000 (a) Your answer is incorrect. Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 15.25.) Predetermined overhead rate $ per direct labor hour

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