Broke Company's budgeted manufacturing overhead was $2,320,000. Overhead is allocated on the basis of direct labor hours. The budgeted direct labor hours for the period were 185,600. At the end of the year, actual manufacturing overhead was $2,450,000 and actual direct labor hours were 245,000. What was the manufacturing overhead rate used to apply overhead?

Group of answer choices

13.20

10

12.5

9.47