Montgomery, Inc. manufactures two models of its product: Basic and Deluxe. The firm allocates manufacturing overhead using a single plant-wide rate based on direct labor cost. Estimated overhead costs for the year are $25,750. Additional estimated information includes: Basic Deluxe Direct materials cost per unit $33 $44 Direct labor cost per unit $52 $60 Number of units 520 units 370 units Calculate the predetermined overhead allocation rate. (Round your answer to two decimal places.) A. 1.49% of DL cost B. 86.21% of DL cost c. 52.29% of DL cost OD.95.23% of DL cost