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Cullumber Company estimates that annual manufacturing overhead costs will be $1,166,000, Estimated annual operating activity bases are direct labor cost $530,000, direct labor hours 53,000,

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Cullumber Company estimates that annual manufacturing overhead costs will be $1,166,000, Estimated annual operating activity bases are direct labor cost $530,000, direct labor hours 53,000, and machine hours 106,000. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e8. 10.50% or 10.50.) Overhead rate per direct labor cost % Overhead rate per direct labor hour $ Overhead rate per machine hour $

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