Spier 2 Graded Homework Help Save & Exit Check 1 2 ports Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor hours. At the beginning of the year, it estimated that 38,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $592,000 of foed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.00 per direct labor-bour Harris's actual manufacturing overhead cost for the year was $742.239 and its actual total direct labor was 38,500 hours Required: Compute the company's plantwide predetermined overhead rate for the year. (Round your answer to 2 decimal places) Predetermined over entre Der DLH