Make sure you provide the correct answer

G H K Score: ALT-JOB-COST-SHEET 0 Work in Process M Factory Overhead Actual Applied NO P DM 0 0 0 Choose Exercise (1-2) DL FO 0 BALANCE OF WIP IS ALWAYS EQUAL TO THE SUM OF THE JOB COST SHEETS 1 0 under/over 0 Job 101 Description: 100 red ties Carlin Manufacturing manufactures fancy ties for men and women. Various cloth types and colors are purchased, along with thread and lining. The factory employees assemble the ties and use sewing machines to finish them. The workers are paid by the hour. 0 overapplied overhead Job 102 Description: 80 green ties Job 103 Description: 120 blue ties DM 0 DM 0 DM 0 DL 0 DL 0 At the beginning of the month of January, Carlin estimated that the factory overhead for the entire year would be $120,000. FO Total Job Cost Cost Per Unit 0 DL 0 FO Total Job Cost Cost Per Unit $0.00 $0.00 $0.00 $0.00 0 FO Total Job Cost Cost Per Unit $0.00 $0.00 Additionally, the factory wages for the year were estimated to be $150,000. PREDETERMINED OVERHEAD RATE (POR) = ESTIMATED FO/ESTIMATED DIRECT LABOR COST Job 101: Direct materials used were $1,400 Direct labor was $2,000. Job 102: Direct materials used were $1,280 Direct labor was $2,300. Job 103: Direct materials used were $2,040 Direct labor was $2,400. The factory overhead costs for January include: Factory Supervision: $3,000 Factory Depreciation $2,000 Indirect Materials $1,000 Indirect Labor: $800 Total Actual Factory Overhead $6,800 What is the predetermined overhead rate