Lee Company uses machine-hours as the basis for assigning overhead costs to work-in-process. At the beginning of 2023, Lee Company's management expected the level of activity in its production factory for the year to be 12,500 machine-hours. Total estimated costs of factory overhead included $360,000 for indirect materials, $90,000 for indirect labor, and $50,000 for other overhead costs. Estimated costs for direct materials and direct labor were $1,200,000 and $450,000, respectively. Assume as of the end of the year, actual costs for 2023 were as follows: indirect materials $350,000; indirect labor $85,000; other overhead $45,000; direct materials $1,100,000; direct labor $550,000. Calculate Lee Company's predetermined overhead rate per machine-hour for 2023. (Round your final answer to the nearest dollar; i.e., no decimals. Do NOT include the $ sign when you type your answer.)

Lee Company uses machine-hours as the basis for assigning overhead costs to work-in-process. At the beginning of 2023, Lee Comparn/s managervant expected thelevel of activity in its production factory for the year to be 12,500 machine-hours. Total estimated costs of factory overhead included $360,000 for indirect materiak, $90.000 for indirect labor, and $50,000 for other overhead costs. Estimated costs for direct materials and direct labor were $1,200,000 and $450,000, respectively. Assume as of the ena the year, actual costs for 2023 were as follows: indirect materials $350,000; indirect labor $85,000; other overhead $45,000; direct materlaks $1,100,000; direct labor $550,000. Calculate Lee Company's predetermined overhead rate per machine- hour for 2023. (Round your final answer to the nearest dollar; l.e., no decimals. Do NOT include the $ sign when you type your answer.)