Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cosi expects to incur $840,000 of overhead during the next period, and expects to use 54,000 labor hours at a cost of $10.00 per hour. What is Cosi Company's predetermined overhead rate?

Multiple Choice

6.43%.

64.3%.

156%.

69%.

1556%.