CR Company has the following estimated costs for the next year:

Direct materials	$4,000
Direct labour	20,000
Rent on factory building	15,000
Sales salaries	30,000
Depreciation on factory equipment	10,000
Indirect labour	10,000
Production supervisor's salary	15,000

CR Company estimates that 22,000 labour hours will be worked during the year. If overhead is applied based on direct labour hours, the overhead rate per hour will be?

		$2.25
		$2.50
		$3.45
		$4.70