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Exercise 14-5 a-c (Part Level Submission) Swifty Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $303,178 for the year, and machine usage is estimated at 125.000 hours For the year, $388,561 of overhead costs are incurred and 132,100 hours are used (a) Compute the manufacturing overhead rate for the year. (Round answer to 2 decimal places, e.g. 1.25.) Manufacturing overhead rate per machine hour Show Work is REQUIRED for this question: Medity Show Work