Jumbo Company is consider the use of direct labor cost or direct labor hours as the cost allocation base for allocating manufacturing overhead. The following information is available for the most recent year: Estimated direct labor cost $500,900 Actual direct labor cost $466.000 Estimated manufacturing overhead costs $425,700 Actual manufacturing overhead costs $350,600 Estimated direct labor hours 250,400 Actual direct labor hours 234,500 It Jumbo Company uses direct labor hours as the allocation base, what would the predetermined manufacturing overhead rate be? (Round your answer to the nearest cent) A. $1.50 per direct labor hour B. $1.82 per direct labor hour OC. $170 per direct labor hour OD. $1.40 per direct lobor hour