Overhead cost: 1,000,000 budgeted 950,000 actual. Machine hours: 50,000 budgeted 45,000 actual. Direct labor hours: 100,000 budgeted 92,000 actual. Q: overhead is applied on basis of direct labor hours. Compute the predetermined overhead rate.

Are you looking to carry out cost estimation of variance reporting

Actual results are anecdotal only in answering the question. This is not activity based costing but absorption costing methodology