A company estimates that overhead costs for the next year will be $400,000 for indirect labor and $150,000 for factory utilities. The company uses direct labor hours as its overhead allocation base. If the company estimates that 65,000 direct labor hours and 10,000 machine hours will be incurred next year, what is the company's plantwide predetermined factory overhead rate? Multiple Choice Multiple Choice $ 7.33 per direct labor hour. $ 55.00 per machine hour. $ 6.15 per direct labor hour. O $ 40.00 per machine hour. O $ 8.46 per direct labor hour