Cullumber Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $$278,250$ for the year, and machine usage is estimated at $132,500$ hours.

For the year, $$341,320$ of overhead costs are incurred, and $137,800$ hours are used.

$($a$)$

Compute the manufacturing overhead rate for the year. $($Round answer to $2$ decimal places, e$.$g$.1\mathrm{.}25.)$

Manufacturing overhead rate

$ per machine hour

eTextbook and Media