Exercise 2-1 (Algo) Compute a Predetermined Overhead Rate [LO2-1] Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 34,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $554,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3,00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $722,572 and its actual total direct labor was 34,500 hours. Required: Compute the company's plantwide predetermined overhead rate for the year. (Round your answer to 2 decimal places.) Mauro Products distributes a single product, a woven basket whose selling price is $25 per unit and whose varlable expense is $18 per unit. The company's monthly fixed expense is $18,200. Required: 1. Calculate the company's break-even point in unit sales. 2. Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.)