Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $5.200,000 (200,000 hours at $26/hour) and that factory overhead would be $1,440,000 for the current period. At the end of the period, the records show that there had been 120,000 hours of direct labor and $1,140,000 of actual overhead costs. Using direct labor hours as a base, what was the predetermined overhead rate? (Round your answer to two decimal places.) Multiple Choice O $12.00 per direct inbor hour $5.70 per direct labor hour 5720 per vector nout $12.00 per direct labor hour $5.70 per direct labor hout $720 per direct labor hour $6.78 per direct labor hour