A manufacturer of industrial equipment has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: 
The following data pertain to operations for the most recent period: 
-What is the predetermined overhead rate to the nearest cent?
Definitions:
Skinner
B.F. Skinner, an influential American psychologist known for his research in behaviorism and operant conditioning.
Natural Selection
A process by which evolutionary changes occur in a species, where organisms that are better adapted to their environment survive and reproduce more successfully.
Training Set
A collection of data used to train machine learning models, allowing the algorithm to learn from known inputs and their corresponding outputs.
Self-actualization
Fulfilling or realizing personal capabilities and talents, believed to be a basic drive or essential in each person.
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