Company, Inc. applies overhead on the basis of direct labour hours. At the beginning of the year, Company, Inc. estimates overhead to be $540,000, machine hours to be 150,000, and direct labour hours to be 90,000. During January, Company, Inc. has 8,000 direct labour hours and 12,000 machine hours. Refer to the Figure. What is the predetermined overhead rate? Oo. $40,200 Ob. 84 per machine hour Oc. 56 per direct labour hour Od. $44,000