Question 11 4.7 pts The master budget of Diego Company reveals the following budgeted costs for the upcoming year: Depreciation on sales offices $22,000 Factory insurance 32,000 Direct materials used 256,000 Utilities on sales offices 15,000 Indirect manufacturing labor 45,000 Depreciation on factory machinery 72,000 Diego Company budgets that 10,000 direct labor hours will be worked during the year. The budgeted manufacturing overhead rate per direct labor hour will be: $18.60 O $44.20 $16.40 $14.90 O $17.10