John's Boats uses job costing. They use direct labor DOLLARS (costs) as a basis for allocating overhead costs to jobs. Given the following information, calculate Johns's predetermined overhead rate. Remember that if your numerator and denominator are both dollars, your overhead rate will be a percentage. So be sure to convert your numerical answer to a percentage, rounded to one decimal place. For example, if your answer after dividing your figures is 4.593 , multiply that by 100 to get the percentage form of the answer or 459.3%. Just enter the number and not the percentage sign (for example enter 459.3 if that was your answer) Actual

Overhead Expense $33,809

Estimated (Budgeted) Overhead Expense $31,340

Actual Direct Labor Cost $20,711

Estimated Direct Labor Cost $21,550