Himalayan Corp makes and sells a product Widget 02. Each unit Widget 02 requires 2 hours of direct labor at the rate of $10.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The budgeted direct labor cost per unit of Widget would be: $20.00 O $10.00 $5.00 O $15.00 The manufacturing overhead budget at Himalayan Corn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 2.000 direct labor-hours will be required in February. The variable overhead rate is $5.00 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $20,000 per month, which includes depreciation of $3,000. All other fixed manufacturing overhead costs represent current cash flows. The company re-computes its predetermined overhead rate every month. The predetermined overhead rate for February should be: O $15.00 per direct labor-hour $10.00 per direct labor-hour None of the answers are correct O $2.00 per direct labor-hour