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Question 32 Joyston Company has the following estimated costs for the next year: Direct Materials: $10,000 Direct Labor: $142.000 Rent on Factory Building: $17,000 Sales Department Salaries: $28,000 Depreciation on Factory Equipment: $12,000 Indirect Labor: $28,000 Indirect Manufacturing Materials: $12,000 Production Supervisor's Salary: $16,000 Joyston pays $5 per hour for direct labor. If manufacturing overhead is applied on the basis of direct labor hours, the predetermined overhead rate per direct labor hour will be which of the following? O $2.01 O $2.99 $2.43 O $3.98 Il on.examity.com0|| 14H E SOLCH. 37171