Lexington Company's predetermined overhead rate is $5 per direct labor hour. Which of the following equations correctly computes the amount of overhead cost that should be applied to work in process assuming a job required 93 hours but was estimated to require 83 hours? 51 Multiple Choice 93 hours $5.00 - $465 83 hours * $5.00 = $415 1job $5.00 = $5 None of these answers are correct