Question $11$

Baka Corporation applies manufacturing overhead on the basis of direct labor$-$hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $$239,700$ and $4,700$ estimated direct labor$-$hours. Actual manufacturing overhead for the year amounted to $$242,000$ and actual direct labor$-$hours were $4,600.$

The predetermined overhead rate for the year was closest to:

$$52\mathrm{.}61$

$$51\mathrm{.}00$

$$51\mathrm{.}49$

$$49\mathrm{.}91$