Jackson Inc. listed the following data for 2016: Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual direct labor hours Actual machine hours Round calculations to 2 significant digits $1,271,000 82,000 41,000 1,201,000 86,300 39,400 Assuming Jackson Inc. applied overhead based on direct labor hours, the fim's predetermined overhead rate for 2016 is O $14.20 per direct labor hour. $14.38 per direct labor hour. O $15.24 per direct labor hour. O $15.50 per direct labor hour o $15.85 per direct labor hour