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 allocation base. Estimated overhead costs for the year are $25,000. Additional estimated information is given below. Calculate the predetermined overhead allocation rate. (Round your answer to two decimal places.) A. 95.76% B. 1.47% C. 98.04% D. 50.57%