Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cosi expects to incur $$900,000$ of overhead during the next period, and expects to use $60,000$ labor hours at a cost of $$10\mathrm{.}00$ per hour. What is Cosi Company's predetermined overhead rate?

$6\mathrm{.}67\%$

$66\mathrm{.}7\%$

$150\%$

$1500\%$

$71\%$