Aspen Corporation's accountant, Jake, is computing the company's predetermined manufacturing overhead rate for the upcoming year. Jake estimates that the company's total annual manufacturing overhead costs will be $1,620,000, its total direct labor hours will be 25,000 hours, and its total machine hours will be 40,000 hours. Aspen's direct labor costs are $36 per hour. Which of the following manufacturing overhead allocation rates accurately reflects Aspen's expected cost structure? O $50.40 per machine hour O 180% of direct labor cost O $44.20 per machine hour O $46.80 per direct labor hour None of the above