Diggering sells a high-speed retrieval system for mining information. It provides the following information for the year. 1 Accounting Multistep Overhead cost Machine hours Direct labor hours Budgeted $1,202,040 55,800 106,000 Actual $1,173,040 46,400 103.000 Question 2 Accounting Dropdown Question 3 Accounting Dropdown Overhead is applied on the basis of direct labor hours. Question 4 Accounting Multipart (a) Question 5 Multiple Choice Compute the predetermined overhead rate. Round answer to 2 decimal places. c. 12.25) Question 6 Accounting Multi Predetermined overhead rate per director