36 Algo) A manufacturer estimates total... A manufacturer estimates total factory overhead costs of $5,258,000 and total direct labor costs of $2,390,000 for its first year of operations. During January, the company used $120,000 of direct labor cost in its Blending department and $85,000 of direct labor cost in its Bottling department. Compute the predetermined overhead rate as a percentage of direct labor cost Multiple Choice 45% 220% 141% 120% 71%