Q 15.37:Dave is working on some paperwork for his boss. The company has reported that their estimated indirect labor costs for the year are going to be $130,000, while the direct labor costs for the year will be $200,000. The estimated overhead costs for the year are expected to be $156,000. What is the predetermined overhead rate for the company?

A : 57%

B : 80%

C : 65%

D : 78%