Here are selected data for Wilson Company Estimated manufacturing overhead Estimated labor hours Actual direct labor hours Estimated direct labor cost $330,400 Factory rent $320,300 Actual direct labor cost Factory depreciation $65,400 Indirect materials If the company allocates overhead based on direct labor cost, what is the predetermined manufacturing overhead rate? OA. 78% of direct labor cost OB. 80% of direct labor cost OC. 128% of direct labor cost O D. 103% of direct labor cost $257,750 35,000 36,000 Factory utilities Indirect labor Sales commissions Factory property taxes ... $30,200 $22,400 $53,700 $47,700 $28,100 $33,000

If the company allocates overhead based on direct labor cost, what is the predetermined manufacturing overhead rate? A. 78% of direct labor cost B. 80% of direct inbor cost C. 128% of direct labor cost D. 103% of direct labor cost