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! Required information Exercise 4-2 (Static) Compute Activity Rates (L04-2] (The following information applies to the questions displayed below.) Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-basech costing system has the following seven activity cost pools: a Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost Expected Activity $ 52,000 8,000 direct labor hours $ 15,000 20,000 machine-hours $ 42,000 1,000 setups $ 18,000 500 orders $ 48,000 2,000 tests $ 75,000 5,000 packages $ 108,800 8,000 direct labor-hours Exercise 4-2 (Static) Part 2 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH