UIZ - CH 04 Exercises & Problems (... i Saved Help Save & Exit Submit 2 Check my work 3 Part 2 of 2 2 points Required information Exercise 4-2 (Algo) Compute Activity Rates [LO4-2] [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Estimated Overhead Cost $ 20,400 Expected Activity 5,000 direct labor-hours 5,000 machine-hours 1,100 setups Activity Cost Pool Labor-related Hint Machine-related $ 2,500 Machine setups $ 55,000 Production orders $ 6,800 Product testing $ 28,800 References $ 78,000 $ 59,600 5,000 direct labor-hours Packaging General factory 200 orders 1,200 tests 3,900 packages Exercise 4-2 Part 2 (Algo) 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH