I need step by step help with this problem, not just the answer. I'm very lost.

Carey Company applies manufacturing overhead costs to products as a percentage of direct labor dollars. Estimated and actual values of manufacturing overhead and direct labor costs are summarized here: Direct labor cost Manufacturing overhead Estimated $ 330,000 600,600 Actual $ 280,000 525,600 Required: Compute the predetermined overhead rate. Predetermined Overhead Rate 0:%