Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor- hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 40,000 Total fixed manufacturing overhead cost $96,000 Variable manufacturing overhead per direct labor-hour $ 3.00 Recently, Job P951 was completed with the following characteristics Number of units in the job Total direct labor-hours Direct materials Direct labor cost 20 100 $ 755 $4,000 The predetermined overhead rate is closest to: Multiple Choice $8.40 per direct labor-hour $5.40 per direct labor-hour $3.00 per direct labor-hour $2.40 per direct labor-hour