14-6276-62-8049 Question 6 of 24 View Policies Current Attempt in Progress Coronado Industries provided the following information from its accounting records for 2019 Expected production 80000 labor hours 76000 labor hours Actual production $2100000 $1840000 Budgeted overhead Actual overhead How much is the overhead application rate if Coronado Industries bases it en direct laber Mars O $27.63 per hour O $26.25 per hour $23.00 per hour $24.21 per hour