Yodel Products computes its predetermined overhead rate annually on the basis of machine hours. At the beginning of the year, the company estimated: $524,000 of fixed manufacturing overhead costs for the year Variable manufacturing overhead of $13 per machine hour . 53,000 machine hours would be required for the period's estimated level of production Yodel's actually manufacturing overhead for the year was $501,000 and its actual machine hours were 49,040, Compute the company's predetermined overhead rate for the year. $9.45 $10.69 $24.73 O $9.89 $22.89 $10.22 Not enough information to calculate