URSUOT Next question Individual jobs based on the machine hours required. At Alba Foundry in Youngstown, Ohio, uses a predetermined manufacturing overhead rate to all the beginning of the year, the company expected to incur the following: Click the icon to view the costs.) Read the requirements Requirement 1. Computo Alba's predetermined manufacturing overhead rato, Determine the formula to calculate the predetermined overhead rate, then calculate the rate. Estimated yearly overhead costs = Predetermined overhead rate