Question: Beta Corporation is planning operations for the coming year. Beta uses normal costing and applies overhead on the basis of direct labor hours. The estimated

Beta Corporation is planning operations for the coming year. Beta uses normal costing and applies overhead on the basis of direct labor hours. The estimated overhead cost amounts to $10,000,000, estimated direct labor hours are 100,000, estimated direct labor cost amounts to $3,100,000, and estimated direct materials cost is $22,000,000. What is Beta's predetermined overhead rate?

a $45 per direct labor hour

b. $100 per direct labor hour

c. $60 per direct labor hour

d. $31 per direct labor hour

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