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I am really urgent for this solution please answer me in less than 20 mins thank youuuu please ASAP Logan Products computes its predetermined overhead

image text in transcribedI am really urgent for this solution please answer me in less than 20 mins thank youuuu please ASAP

Logan Products computes its predetermined overhead rate annually on the basis of direct labor hours. At the beginning of the year it estimated that its total manufacturing overhead would be $586,000 and the total estimated direct labor would be 40,000 hours. Its actual total manufacturing overhead for the year was $713,400 and its actual total direct labor was 41.000 hours. Required: Compute the company's predetermined overhead rate for the year

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