Dagger Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $218,700. At the end of the year, actual direct labor-hours for the year were 19,000 hours, manufacturing overhead for the year was underapplied by $13,200, and the actual manufacturing overhead was $212,700. The predetermined overhead rate for the year must have been closest to:

$10.50

$9.63

$11.44

$11.16