Current Attempt in Progress Crane Company provided the following information from its accounting records for 2019. Estimated production 100000 labor hours Actual production 86000 labor hours Budgeted overhead $900000 Actual overhead $860000 How much is the overhead application rate if Crane Company bases the rate on direct labor hours? $8.60 per hour $9.00 per hour $10.47 per hour O $10.00 per hour