The Red Deer sock manufacturing facility reported a fire in December, and most of the accounting records for the year were destroyed. The following accounting datn for the year were recovered. The company bases its manulacturting ovehead allocation on the mumber of direct labor hours, What was the piedetermined overhead allocation tate fot the sear? (Rosthd votar answer to the nearest cent) Red Deer caught you looking corporation had their accountant calculate a predetermined overhead allocation rate at the begirining of the year based on direct labor costs. The production details tor the year are given below: Calculate the manutacturing overhead allocation rate tor the year based on the above data. (Round your final anwwer to two decimal place.)