Dave McKnight vacationed at Lake Tahoe last winter. Unfortunately, he broke his ankle while skiing and spent two days at the Sierra University Hospital. McKnight's insurance company received a $4,600 bill for his two-day stay. (Click the icon to view the cost data.) McKnight believes the overhead charge is outrageous. He comments, "There was nothing I could do about it. When they come in and dab your stitches, it's not as if you can Data Table say, your cotton roll. I brought my own."" Read the requirements. Requirement 1. Compute the overhead rate Sierra University Hospital charged on the cotton roll. Begin by determining the formula, then calculate the overhead rate. (Enter the percentage as a whole number.) Overhead rate