Paulson Company had the following estimated costs for 2024: Direct materials Direct labor Advertising expense Rent on factory building Depreciation on sales equipment Indirect materials Sales commissions Production supervisor's salary Insurance on equipment $44,000 $57,000 $18,200 $17,600 $11,400 $14,800 $46,100 $37,500 $21,000 It is known that 30% of the insurance relates to equipment in the fact ory and 70% of the insurance is for equipment in the administrative buildi ng Paulson Company estimates that 20,000 machine hours will be used durin g 2024. Calculate Paulson Company's pre-determined overhead rate (PDR) b ased on machine hours