Markham Corporation uses a job-order costing system. The following data are for last year: Estimated direct...

  

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Markham Corporation uses a job-order costing system. The following data are for last year: Estimated direct labor-hours Estimated manufacturing overhead costs Actual direct labor-hours 13,800 $ 57,000 Actual manufacturing overhead costs 12,800 $ 55,000 Markham allocates overhead using a predetermined rate based on direct labor-hours. What predetermined overhead rate was used last year? Markham Corporation uses a job-order costing system. The following data are for last year: Estimated direct labor-hours Estimated manufacturing overhead costs Actual direct labor-hours 13,800 $ 57,000 Actual manufacturing overhead costs 12,800 $ 55,000 Markham allocates overhead using a predetermined rate based on direct labor-hours. What predetermined overhead rate was used last year?