Current Attempt in Progress Digger Inc. sells a high-speed retrieval system for mining information. It provides the following information for the year. Overhead is applied on the basis of direct labor hours. (a) Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 12.25.) Predetermined overhead rate $ per direct labor hour eTextbook and Media Attempts: (b) Determine the amount of overhead applied for the year. Amount of overhead applied $