Question 13 5 pts The Silver Corporation uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor cost in Dept. A and on machine-hours in Dept. B. At the beginning of the year, the Corporation made the following estimates Direct labor cost Manufacturing overhead Direct labor-hours Machine-hours Dept. A Dept. B $ 60,000 $ 40,000 590,000 $ 45,000 6,000 9,000 2,000 15.000 What predetermined overhead rates would be used in Dept. A and Dept. B, respectively? O 67% and $5.00 150% and $3.00 O 67% and $3.00 O 150% and $5.00