Question: ABC applies manufacturing overhead based on direct labour hours. Given the following information for ABC Inc. Estimated manufacturing overhead = $100542 Actual manufacturing overhead =

ABC applies manufacturing overhead based on direct labour hours. Given the following information for ABC Inc. Estimated manufacturing overhead = $100542 Actual manufacturing overhead = $102,000 Actual direct labour hours = 9,800 Estimated direct labour hours = 10489 Compute the predetermined overhead rate per direct labour hour for ABC Inc. Round your answer to two decimal places. Enter numbers only - no commas or $ or words. For example: enter 1234.67 not $1,234.67

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