Marquis Company estimates that annual manufacturing overhead costs will be $895,000. Estimated annual operating activity bases are direct labor cost $406,000, direct labor hours54,100, and machine hours103,100.

Compute the predetermined overhead rate for each activity base. Utilize template provided in attached file.

Brief Exercise 16-6 Marquis Company estimates that annual manufacturing overhead costs will be $895,000. Estimated annual operating activity bases are direct labor cost $406,000, direct labor hours 54,100, and machine hours 103,100. Compute the predetermined overhead rate for each activity base. Overhead rate per direct labor cost (Round answers to 2 decimal places, e.g. 110.10%.) % $ Overhead rate per direct labor hour (Round answers to 2 decimal places, e.g. $10.50.) $ Overhead rate per machine hour (Round answers to 2 decimal places, e.g. $10.50.) Click if you would like to Show Work for this