Digger Inc. sells a high-speed retrieval system for mining information. It provides the following information for the year.

!!! ... Question 2 of 5 - 12 View Policies Current Attempt In Progress Digger Inc sells a high-speed retrieval system for mining information. It provides the following information for the year. Budgeted Actual Overhead cost $1,200,960 $1,172,960 Machine hours 56,400 48,900 Direct labor hours 103,000 96,600 Overhead is applied on the basis of direct labor hours. (a) Compute the predetermined overhead rate. (Round answer to 2 decimal places, eg.12.25.) Predetermined overhead rate $ per direct labor hour eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above