LUS Help l system Announcements unread Problem 6-14 (Part Level submission) TriTech Company has been allocating overhead to individual product lines based on each line's relative shares of direct labor hours. For the upcoming year, the company estimated that manufacturing overhead will be $1643,760 and estimated direct labor hours will be 118,800. The company also has the following estimates: Amount Cost Driver of Activity Amount Maintenance costs Direct labor hours 617,760 118,800 Setup costs Number of setups 450,000 Engineering costs Number of design changes 576,000 $1,643,760 Among many other products, TriTech has two switches, Standard and Elite switches, Standard switches are a high-volume product that the company makes in large batches, while Elite switches are a specialty product that is fairly low in sales volume Information about Standard and Elite usage of the different activities follows: Standard Elite Direct labor hours 2,800 320 Number of setups Number of design changes v (a) Your answer is correct. Calculate the predetermined overhead rate based on direct labor hours (traditional allocation). (Round answer to 2 decimal places, e.g. 15.25.) Predetermined overhead rate 13.83 per D