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Can anyone explain to me why this answer on my Quiz was actually false? Quiz Ch 1-3 For Credit Submitted 10.6/12.5 Total points awarded Help

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Can anyone explain to me why this answer on my Quiz was actually false?

Quiz Ch 1-3 For Credit Submitted 10.6/12.5 Total points awarded Help Exit 23 A soda manufacturer estimates total factory overhead costs of $5,000,000 and total direct labor costs of $3,125,000 for its first year of operations. The company's predetermined overhead rate as a percentage of direct labor cost is 62.5%. 0/0.3 points awarded True or False Scored True False

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