Minton Company provided the following information from its accounting records for 2017: Estimated production 60,000 labor hours Actual production 56,000 labor hours Estimated overhead $1,800,000 Actual overhead $1,740,000 How much is the predetermined overhead rate if Minton Company bases it on direct labor hours? Group of answer choices $30 per hour $29 per hour $32.14 per hour $31.07 per hour