Your answer is partially correct. Sheffield Company estimates that annual manufacturing overhead costs will be $802,000. Estimated annual operating activity bases are direct labor cost $500,000, direct labor hours 50,000, and machine hours 100,000. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, eg. 10.50.) 1604 % Overhead rate per direct labor cost Overhead rate per direct labor hour Overhead rate per machine hour 1604 $ $ 802 e Textbook and Media Save for Later Attempts: 2 of 3 used Submit