Banc Corp. Trust is considering either a bankwide overhead tate or department overhead tates to allocate 5368000 of indred cost. The bandwide rate could be based on either direct labor hours (DLH) or the number of loans processed. The department caters would be based on direct latior hours for Consumer Loans and a dual rate based on diect labor hours and the number of los processed for commercial one. The following information was gathered for the upcoming period Department Loans Processed Direct Costs Consumer 15,000 see $260,000 Consercial 8, 200 $140,000 0 DLH What is the overhead rate ir Banc Corp. Trust allocates the Indirect costs using direct labor hours