Harris Fabrics computes its predetermined overhead rate annually on the beginning of the year, it estimated that 43,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $563,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $2.00 per direct labor-hour basis of direct labor-hours. At the arris's actual manufacturing overhead for the year was $726, 147 and its actual total direct labor was 43,500 hours. Required: Compute the company's predetermined overhead rate for the ye places.) ar. (Round your answer to 2 decimal per DLH Hints References eBook&Resources Hint#1 Check my work