Exercise 14-5 a-c Bramble Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $280,896 for the year, and machine usage is estimated at 125,400 hours. For the year, $400,896 of overhead costs are incurred and 130,400 hours are used. Compute the manufacturing overhead rate for the year. (Round answer to 2 decimal places, e.g. 1.25.) Manufacturing overhead rate s per machine hour