In December 2014, Learer Company's manager estimated next year's total direct labor oost assuming 40 persons working an average of 2,000 hours each at an average wage rate of S30 per hour. The manager also estimated the following manufacturing overhead costs for year 2015. Indirect labor Factory supervision Rent on factory building Factory utlities Factory insurance expired Depreciation Factory equipment Repairs expense-Factory equipment Factory supplies used S 340,200 110,000 101,000 107,000 87,000 473,000 79,000 87,800 55,000 Total estimated overhead costs $1,440,000 At the end of 2015, records show the company incurred $1,599,000 of actual overhead costs. It completed and sold five jobs with the following direct labor costs: Job 201, $623,000; Job 202, $582,000; Job 203, $317,000; Job 204, $735,000;, and Job 205, $333,000. In addition, Job 206 is in process at the end of 2015 and had been charged $36,000 for direct labor. No jobs were in process at the end of 2014. The company's predetermined overhead rate is based on direct labor cost. Required 1.a Determine the predetermined overhead rate for year 2015