Predetermined Overhead Rate Review Exercise 3-1 on page 115 of the text. Compute the company's predetermined overhead rate and explain the four-step process to compute a predetermined overhead rate. How would this rate be effected if the direct labor hours increased to 25,000? How would the rate be effected if the overhead were to increase to $150,000. Give examples of some of the challenges a manager may have in completing this computation. Respond to at least two of your classmates' posts Predetermined Overhead Rate Review Exercise 3-1 on page 115 of the text. Compute the company's predetermined overhead rate and explain the four-step process to compute a predetermined overhead rate. How would this rate be effected if the direct labor hours increased to 25,000? How would the rate be effected if the overhead were to increase to $150,000. Give examples of some of the challenges a manager may have in completing this computation. Respond to at least two of your classmates' posts