Purves Corporation is using a predetermined overhead rate that was based on an estimated total fixed manufacturing overhead of $121,000 and 10,000 direct labor-hours for the period. The company incurred actual total fixed manufacturing overhead of $113,000 and 10,900 total direct labor-hours during the period. The predetermined overhead rate is closest to Question 1 options: $11.10. $12.10. $10.37. $11.30