Predetermined Factory Overhead Rated Exotic Engine Shop uses a job order cost system to determine the...

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Predetermined Factory Overhead Rated Exotic Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expenses for the coming period are as follows: Engine parts Shop direct labor $768,600 561,000 Shop and repair equipment depreciation 50,100 Shop supervisor salaries 139,400 Shop property taxes 25,300 Shop supplies 19,500 Advertising expense Administrative office salaries 15,400 66,100 Administrative office depreciation expense Total costs and expenses 8,500 $1,653,900 The average shop direct labor rate is $17.00 per hour. Determine the predetermined shop overhead rate per direct labor hour. Round the answer to nearest whole cent. per direct labor hour Predetermined Factory Overhead Rated Exotic Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expenses for the coming period are as follows: Engine parts Shop direct labor $768,600 561,000 Shop and repair equipment depreciation 50,100 Shop supervisor salaries 139,400 Shop property taxes 25,300 Shop supplies 19,500 Advertising expense Administrative office salaries 15,400 66,100 Administrative office depreciation expense Total costs and expenses 8,500 $1,653,900 The average shop direct labor rate is $17.00 per hour. Determine the predetermined shop overhead rate per direct labor hour. Round the answer to nearest whole cent. per direct labor hour