Sharon Inc. had the following information relating to 2021 (image attached) If Sharon decides to use the actual results from 2021 to determine the 2022 overhead rate, what will the 2022 overhead rate be?

Work in Process, Inventory Finished Goods, Inventory Cost of Goods Sold 384,000.00 96,000.00 720,000.00 Work in Process, Inventory Finished Goods, Inventory Cost of Goods Sold 384,000.00 96,000.00 720,000.00