iRobot creates custom robots for industrial and commercial clients. The work is very labor inte has the following budgeted costs for next year. Direct materials 50,00,000 Direct labor 1,20,00,000 Overhead 50,00,000 1,50,000 1,00,000 Direct labor hours Machine hours Results for January Total overhead costs Total direct labor hours on projects Total machine hours 4,00,000.00 10000 8000 Determine the Predetermined overhead rate if the primary cost driver is direct labor. How much overhead will be allocated to the January projects being constructed