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Laramie Company estimated the following annual hours and costs: Expected annual direct labor hours 32,000 Expected annual direct labor cost $896,000 Expected machine hours 32,000

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Laramie Company estimated the following annual hours and costs: Expected annual direct labor hours 32,000 Expected annual direct labor cost $896,000 Expected machine hours 32,000 Expected material cost for the year $1.433.600 Expected manufacturing overhead $1.792,000 Calculate predetermined overhead allocation rates using each of the four possible allocation bases provided (Round direct lobor cost and direct material cost answers to 2 decimal places, s. 15.25 and all other answers to decimal places, s. 5.275) Direct labor hours Direct labor cost Machine hour Predetermined overhead allocation

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