Help Save & Exit At the beginning of the year, a company estimates the following manufacturing costs for the next period: direct labor, $528,000, direct materials, $180,000, and factory overhead, $125,000 Check Required: 1. Compute its predetermined overhead rate as a percent of direct labor. 2. Compute its overhead cost as a percent of direct materials Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Compute its overhead cost as a percent of direct materials. Choose Numerator: Estimated factory overhead $ Overhead Rate 1 Choose Denominator: Estimated direct materials $ - Overhead Rate Overhead Rate 148.000 223.000