Catie's Confections makes custom cake pops. Catie pools all overhead costs into one pool and allocates the costs to different jobs based on direct labor hours. Catie estimates that total overhead costs will be $400,000 and total direct labor hours will be 32,000 in 2022. Catie's staff work 400 hours creating custom cake pops for the Chicago Bulls organization. How much total overhead is applied to this job?

A. $5,000

B. $1,000

C. $400,000

D. $10,000

TRUE or FALSE: The predetermined overhead rate is calculated based on estimates of total overhead costs and the total cost driver level.