Camden Company gathered the following information for the year ended December 31:

Direct labour cost incurred for the year	$240,000
Manufacturing overhead costs	$180,000
Beginning finished goods inventory	$200,000
Workinprocess inventory, Dec. 31	$55,000
Finished goods inventory, Dec. 31	$67,500
Cost of goods sold	$141,000
Estimated direct labour hours	300,000

Clyde Company uses a job costing system. What is the indirect cost allocation rate for the year be using direct labour hours as the allocation base?

A.

$0.47 per direct labour hour

B.

$0.60 per direct labour hour

C.

$1.11 per direct labour hour

D.

$0.90 per direct labour hour

E.

$1.20 per direct labour hour