X Company has the following estimated costs for 2020: Direct materials Direct labor Factory supplies Factory maintenance Marketing research Factory rent Sales salaries Factory insurance $56,500 27,200 20,900 29,100 46,200 42,400 41,000 69,400 X Company estimates that direct labor hours for the year will be 1,700, and machines will be operated for 70,000 hours. If overhead is allocated on the basis of direct labor hours, what will the 2020 overhead rate be? 146.47 Submit Answer Incorrect. Tries 2/3 Previous Tries