Baka Corporation applies manufacturing overhead on the basis of direct labor hours. At the beginning of the most recent year the company based its predetermined ovestead rate on total estimated overhead of $239.700 and 4780 estimated direct labor hours. Actual manufacturing overhead for the year amounted to $243000 and actual direct labor hours were 4640 The predetermined overhead rate for the year was closest to Multiple Choice $48.68 55015 O $52.32 $50 BA Bottum Corporation, a manufacturing Corporation. hos provided data concerning its operations for May. The beginning balance in the raw materials account was $28,000 and the ending talince was $52.000. Raw material purchases during the month totaled $79,000. Manufacturing overhead cost incurred during the month was $119.000, of which $3.600 consisted of raw materials classified as indirect materials. The direct materials cost for May was Multiple Choice $100.000 570000 55.000 551400