Coble Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined overhead rate is based on capacity. The capacity of the factory is determined by the capacity of its constraint, which is an automated shaper. Additional information is provided below for the most recent month:

Estimates at the beginning of the month:
Estimated total fixed manufacturing overhead	$ 33,075
Capacity of the shaper	270	hours
Actual results:
Sales	$ 79,268
Direct materials	$ 12,200
Direct labor	$ 17,400
Actual total fixed manufacturing overhead	$ 33,075
Selling and administrative expense	$ 8,100
Actual hours of shaper use	250	hours

The predetermined overhead rate based on hours at capacity is closest to:

A. 30 per hour

B. 122.50 per hour

C. 32.40 per hour

D. 132.30 per hour