Estimated cost and operating data for three companies for the upcoming year follow Company Direct labour hours Machine hours Direct materials cost Manufacturing overhead cost HOND 40.000 $ 400,000 520,000 40,00 30.000 $ 200,000 $ 526, 64), MO 20.000 5 300.000 $ 900,000 Predetermined overhead rates are computed using the following bases in the three companies Company B c Overhead Rate based on Direct labour hours Machine-hours Direct materials cost Required: 1. Compute the predetermined overhead rate to be used in each company during the upcoming year (Round your answers to 2 decimal places.) Predetermined Overhead Rate Company A B per DLH per MH % of DMC