Adron, inc estmates orect labor costs and manutacturing overhead costs for the coming year to be $770,000 and $550,000, respectively. Aaron aliocates overhesd costs based on machine hours. The estimated total labor hours and machine hours for the coming year are 20,000 hours and 7.000 houts, tespectively. What is the predetermined overhesd alocation rate? (Round your answet to the nearest cent) A. $27.50 per labor hour B. $11000 per machine hour C. $7857 per machine hout D. $140 per laber nout