E Menu Calculate and Use Overhead Rate During the coming accounting year, Baker Manufacturing, Inc., anticipates the following costs, expenses, and operating data Direct material (16,000 lb.) 5 64,000 140,000 9,600 17,600 27.200 12,800 16,000 38,400 Direct labor ( $10.00/hr.) Indirect material Indirec: labor Sales commissions Factory administration Non factory administrative expenses Other manufacturing overhead* Provides for operating 35,000 machine hours a. Calculate the predetermined manufacturing overhead rate for the coming year for each of the following application bases: (1) direct labor hours, (2) direct labor costs, and (3) machine hours. Round direct labor hours and machine hours answers to two decimal places, when applicable Round direct labor costs to the nearest one decimal place percentage, when applicable (example: 76.4%) Manufacturing overhead rate Application base