Managerial accounting please help answer full question.

Company makes fumiture using the latest automated technology. The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of machine-hours. The following estimates were used in preparing the predetermined overhead rate at the beginning of the year: 89,000 $1,274,000 Fixed manufacturing overhead oost Variable manufacturing overhead per computer-hour 4.000 During the year, a glut of furniture on the market resulted in outting back production and a buildup of furniture in the company's warehouse. The company's cost records revealed the following actual cost and operating data for the year. 40,000 Machine-hours 791,000 Manufacturing overhead cost Inventories at year-end: 440,000 Raw materials 190,000 Work in process (includes overhead applied of 29,296) 1,010,000 Finished goods (includes overhead applied of 219,720) 2,740,000 Cost of goods sold (includes overhead applied of 483,384) Required: 1. Compute the company's predetermined overhead rate for the year (Round your answer to 2 decimal per hour Predetermined overhead rate