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Newton Cookie Company produces delicious fruit filled cookies in their factory in Delaware. At the beginning of the year, management estimated production overhead costs to

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Newton Cookie Company produces delicious fruit filled cookies in their factory in Delaware. At the beginning of the year, management estimated production overhead costs to be $108043. At the end of the year, the actual overhead incurred was $113029. The original estimated overhead was based on 2311 of direct labor hours. At the end of the year, it was determined that the Newton Cookie company actual used 1906. What was the predetermined overhead rate used by the Newton Cookie Company during the year? Round your answer to the nearest whole dollar

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