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The following information has been gathered for UWF Industries for its fiscal year ending December 3 1 $ 1 . 2 4 7 6 4

The following information has been gathered for UWF Industries for its fiscal year ending December 31 $1.247643 Estimated factory overhead costs $1281734 Actual factory overheed costs 52,000 Estimated labor hours 55700 Actual labor hours $758750 Estimated labor costsScored$842125 Actual labor costs 65700 Estimated machine hours66,440 Actual machine hours Whatis the predetermined factory overhead rate if overhead is alocated based on machine hours? (Round your answer to two decimal places if necessary
Answer is 18.99 how?

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