udy Exercise 17-04 a1-a2, b-c (Part Level Submission) Altex Inc, manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each product line, the controller, Robert Hermann, has developed the following information. Estimated wheels produced Direct labor hours per wheel Car Truck 43,000 12,000 1 3 Total estimated overhead costs for the two product lines are $837,400. (41) Your answer is correct. Calculate overhead rete. (Round answer to 2 decimal places, e.g. 12.25.) Overhead rate 10.60 per direct labor hour Click if you would like to Show Work for this question: Open Show Work W MOLUTION LATO VIDEO Attempts: 1 of 6 used