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please provide answe of this question Henkes Corporation bases its predetermined overhead rate on...

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please provide answe of this question

Henkes Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year At the beginning of the most recently completed year, the company estimated the labor-hours for the upcoming year at 80,000 labor hours. The estimated variable manufacturing overhead was $8.60 per labor-hour and the estimated total fixed manufacturing overhead was $1.328.000 The actual labor-hours for the year turned out to be 83,000 labor-hours. Required: Compute the company's predetermined overhead rate for the recently completed year. (Round your onswer to 2 decimal places)

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