Please solve the following question by filling in the blanks.

Exercise 15-5 (Part Level Submission) Duggan Companyr applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $275,660 for the year, and machine usage is estimated at 125,300 hours. For the year, $296,534 of overhead costs are incurred and 132,300 hours are used. V (6) Compute the manufacturing overhead rate for the year. (Round answers to 2 decimafplaces, 9.9. 1.25.) Manufacturing overhead rate $ per machine hour The manufacturing overhead rate = Estimated overhead costs/actual machine hours = 275,660/132,300 = 2.08