Results Displayed. Question 1 Barr Company reports the following information for August. Barr worked on two projects during August-Project At and Project 2. Project At used X300 direct labor hours and $60.000 of materials while Project 82 used 700 direct labor hours and $40,000 of matenais, Total manufacturing overhead expenses incurred equaled $24.000. Determine the actual overhead rate based on the cost of direct materials Barr should use for August. Round to the nearest $0.01. 10 out of 10 points