1. Devon, Inc. uses job order costing and had the following estimates for this year:

   • $20,000 direct labor costs
   • $303,000 manufacturing overhead costs
   • 7,000 direct labor hours
   • 12,000 machine hours

   What is the predetermined overhead allocation rate if the firm assigns overhead costs based on direct labor hours? (Round answer to the nearest cent.)

   	A.	$43.29
   	B.	$25.25
   	C.	$15.95
   	D.	$1.71