Current Attempt in Progress A company expected its annual overhead costs to be $2000000 and direct labor costs to be $1600000. Actual overhead was $1950000, and actual labor costs totaled $1500000. How much is the company's predetermined overhead rate to the nearest cent? $1.22 $1.25 $1.30 $1.33 Attempts: 0 of 1 used Submit Answer Save for Later