Which of the following statements regarding Bechtel is NOT true? A) Bechtel handled the project management of the 1984 Los Angeles Summer Olympics. B) Even though Bechtel is over 100 years old, the Kuwaiti oil fields was its first "project." C) Its competitive advantage is project management. D) Bechtel was the construction contractor for the Hoover Dam. E) By the end of 1970s, Bechtel had moved from nuclear power construction to nuclear cleanup projects.

Harris fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning of the year, it estimated that 34,000 direct labor-hours would be required for the period’s estimated level of production. the company also estimated $599,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. harris's actual manufacturing overhead for the year was $768,234 and its actual total direct labor was 34,500 hours.required: compute the company's predetermined overhead rate for the year. (round your answer to 2 decimal places.)