Minerva Company has analyzed its overhead cost and derived a general formula further behavior: $$50,000+$ $$18$ Per direct labor hour employed. The company expects to use $40,000$ direct labor hours during the next accounting period what overhead rate per direct labor hour should be applied to jobs during the period

a$.$ $$1\mathrm{.}25$ per Direct labor hour

b$.$ $$18\mathrm{.}00$ Per direct labor hour

c$.$ $$19\mathrm{.}25$ Per direct labor hour

d$.$ $$770,000$ Per direct labor hour

e$.$ None of the above