Kalp Corporation has two production departments, Machining and Finishing The company uses a job-order costing system and computes a predetermined overhead rame in each production department. The Machining Departments predetermined overhead rate is besed on machine-hours and the Finishing Departments predetermined overhead rate is based on direct labor-hours At the beginning of the curent year, the company had made the following estimate Mache hours Direct 19000 3,000 2000 000 haring event 3 136800 65600 180 3.30 During the current month the company started and trished Job 1928. The following data were recorded for this jo Mich 90 Det bor hou Dre meters 30 30 $775 Direct labor cost 5.630 (3) What is the predetermined overhead rate for finishing department? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $9.90 per direct labor-hour $14.90 per direct labor-hour