Cruler company has budgeted the following amounts for the coming year: Direct labor hours: 40,000 hours Direct labor costs: $480,000 Machine Hours: 30,000 hours Total overhead costs: $60,000 which of the following would be a valid predetermined overhead rate? A) $3.00 per direct labor hours B) $0.125 per direct labor dollar C) $8.00 per direct labor dollar D) $0.67 per direct labor hours