Hykes Corporation's manufacturing overhead includes $5.10 per machine-hour for supplies; $5.10 per machine-hour for indirect labor; $62,800 per period for salaries; and $59,560 per period for depreciation.Required:
Determine the predetermined overhead rate if the denominator level of activity is 3,800 machine-hours. (Round your answer to 2 decimal places.)

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The Answer of Hykes Corporation's manufacturing overhead includes $5.10 per machine-hour for supplies; $5.10 per machine-hour for indirect labor; $62,800 per period for salaries; and $59,560 per period for depreciation.Required:
Determine the predetermined overhead rate if the denominator level of activity is 3,800 machine-hours. (Round your answer to 2 decimal places.)

Hykes Corporation's Manufacturing Overhead Includes $5