#11. Dagger Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $423,870. At the end of the year, actual direct labor-hours for the year were 19,400 hours, manufacturing overhead for the year was under-applied by S5,650, and the actual manufacturing overhead was $418,870. The predetermined overhead rate for the year must have been closest to: A. $21.59 B. $20.76 c. $21.30 D. $21.85