. A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $360,000 and direct labor hours would be 30,000. Actual manufacturing overhead costs incurred were $377,200, and actual direct labor hours were 36,000.

What is the predetermined overhead rate per direct labor hour?

a. $12.00 b. $10.00 c. $12.57 d. $10.48