v ezto.mheducation.com + M Question 4 - Final Exam - Connect Dashboard Final Exam i Saved Help Save & Exit Submit 4 At the beginning of the year, a company estimates total direct materials costs of $980,000 and total overhead costs of $1,280,000. If the company uses direct materials costs as its activity base to apply overhead, what is the predetermined overhead rate it should use during the year? Predetermined overhead rate 8 Numerator: 1 Denominator: Rate 00:39:58 Rate 11 1