Marquis Company estimates that annual manufacturing overhead costs will be $801,000. Estimated annual operating activity bases are direct labor cost $401,000, direct labor hours 41,000, and machine hours 101,000. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50.)

Brief Exercise 15-6 Your answer is partially correct. Try again. Marquis Company estimates that annual manufacturing overhead costs will be $801,000. Estimated annual operating activity bases are direct labor cost $401,000, direct labor hours 41,000, and machine hours 101,000. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50.) Overhead rate per direct labor cost Overhead rate per direct labor hour 3.001 % 19.53 Overhead rate per machine hour 7.93 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXI INTERACTIVE TUTORIAL