A company manufactures and sells two products A and B. Given the following data on the two products: Total hours Product A: 2000 units @ 5 hours 10,000 Product B: 10,000 units @ 4 hours 40,000 50,000 Manufacturing overhead costs total $800,000 each year 1- Assume that the company applies overhead to products on a basis of direct labor hours. a. Compute the predetermined overhead rate that would be used