work Saved Help Save & exits Check my w at the beginning of the year, a company estimates the following manufacturing costs for the next period: direct labor, $540,000; direct materials, $223,000; and factory overhead, $148,000. Required: 1. Compute its predetermined overhead rate as a percent of direct labor. 2. Compute its overhead cost as a percent of direct materials. Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Compute its predetermined overhead rate as a percent of direct labor. Overhead Rate Choose Denominator: Choose Numerator: - Overhead Rate Overhead Rate Reg 2 > Prey 1 of 6 Next > quired: Compute its predetermined overhead rate as a percent of direct labor. Compute its overhead cost as a percent of direct materials. Complete this question by entering your answers in the tabs below. Reg 1 Req 2 Compute its overhead cost as a percent of direct materials. Overhead Rate 1 Choose Denominator: Choose Numerator: Overhead Rate Overhead Rate