Jackson Inc. listed the following data for 2019: Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual direct labor hours Actual machine hours $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 firm's predetermined overhead rate for 2019 is (round calculations to 2 significant digits): Multiple Choice $15.50 per direct labor hour. $15.85 per direct labor hour. $14.38 per direct labor hour. $14.20 per direct labor hour. $15.24 per direct labor hour