Acme Company has estimated the following amounts for the upcoming year: Manufacturing overhead costs Direct labor costs Direct labor costs, per hour Machine hours $750,000 25,000 hours $12.00 40,000 hours Given Acme's estimates, which of the following predetermined manufacturing overhead allocation rates accurately reflects Acme's expected cost structure? O 250% of direct labor cost $24.00 per direct labor hour $8.75 per machine hour $17.50 per machine hour None of the above