A B 1 2 Raw Materials Inventory 3 57,500 4 5 6 37,000 14,800 5,700 7 8 9 Finished Goods Inventory 10 216,000 173,000 11 12 13 43,000 14 15 16 Factory Overhead 17 14,800 122,100 18 61,000 19 52,300 20 6,000 D Work in Process Inventory 37,000 216,000 111,000 122,100 54,100 Factory Wages Payable 172,000 111,000 61,000 0 Assuming the company applies overhead as a percentage of direct labor cost, which formula accurately computes the predetermined overhead rate?