remax uses a job-order costing system to collect the costs of its interior decorating business. Each clients consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year:

Estimated overhead costs		$976,800
Actual overhead costs		$996,900
Estimated decorator hours		40,700
Actual decorator hours		41,240

The company uses Operating Overhead in place of Manufacturing Overhead, and Service Contracts in Process in place of Work in Process Inventory.

Calculate the predetermined overhead rate.

Predetermined overhead rate

$enter the predetermined overhead rate in dollars per decorator hour

per decorator hour