illard 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:

	Estimated		Actual
Direct labor cost	$	480,000	$	430,000
Manufacturing overhead		945,600		870,600

Requirement 1:

Compute the predetermined overhead rate. (Omit the "%" sign in your response.)

Predetermined overhead rate

% ofDirect labor cost

Requirement 2:

Calculate the rate at which the manufacturing overhead will be applied based ondirect labor cost. (Omit the "%" sign in your response.)

Manufacturing overhead rate

% ofDirect labor cost