Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cost expects to incur $740.000 of overhead during the next period, and expects to 44.000 labor hours at a cost of $1000 per hour. What is Cost Company's predetermined overhead rate! os Comparty uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cosi expects to incur 5740.000 of overall during the ned peod, and to use 2.000 labor hours at a cost of $10.00 per hour. What is Cost Company's predetermined overhead rate? Multiple Choice MOS 64% 1683 Cost Company uses a job order conting system and locales its overhead on the basis of direct labor costs. Cospects to $70,000 of overning the period and expeds to 44,000 labor hours to cost of $10.00 per hout what is common predetermined here! Moto Choice O