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Bella, Inc. manufactures two kinds of bags-totes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the

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Bella, Inc. manufactures two kinds of bags-totes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the alocation base. EsSimated overhead costs for the year are $26,000. Additional estimated information is given below Totes Satchels $40 s60 Direct materials cost per unit Direct labor oost per unit Number of units $31 $52 530 370 Calculate the predetermined overhead allocation rate. (Round your answer to two decimal places.) OA 94.34% O B. 52.25 % O C. 85.38% O D. 1.57%

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