Daget Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $364,860. At the end of the year, actual direct labor-hours for the year were 24,000 hours, manufacturing overhead for the year was overapplied by $8,780, and the actual manufacturing overhead was $361,300. The predetermined overhead rate for the year must have been closest to: Multiple Choice $15.55 per direct labor-hour $15.42 per direct labor-hour $15.20 per direct labor-hour $15.05 per direct labor-hour