K Company estimates that overhead costs for the next year will be $3,600,000 for indirect labor and $820,000 for factory utilities. The company uses direct labor hours as its overhead allocation base. If 130,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate? Multiple Choice $0.03 per direct labor hour. $34,00 per direct labor hour. $27.69 per direct labor hour $6.31 per direct labor hour $0.16 per direct labor hour. 2 K Company estimates that overhead costs for the next year will be $3,221.400 for indirect labor and $910,000 for factory utilities. The company uses direct labor hours as its overhead allocation base. If 91,000 direct labor hours are planned for this next year, how much overhead would be assigned to a product requiring 5 direct labor hours? Multiple Choice $45.40 $35.40 $22700 $177.00 None of the choices