M as Company produces sportsmen's digital scles. In preparing the current budget Milas' controller estimates a total of $317000 in direct materials cost $214.000 in direct labor cost and $335.980 in manufacturing overhead costs. Since much of the production process requires skilled workers to assemble the scales, direct labor cost is used as the overhead application base. At the end of the period, Milsaps reported actual results as follows direct materials cost of $318.000, direct labor cost of $200.000, and manufacturing overhead cost $309,310 a What is Mila predetermined overhead rate for the year! Milsas predetermined overhead rate