Question 16 (1 point) The following information was gathered for the Wesley Corporation for the most recent year. Manufacturing overhead is allocated using direct labor hours. Estimated direct labor hours Actual direct labor hours. Estimated manufacturing overhead costs Actual manufacturing overhead costs 40,600 51,300 $840,400 $985,700 What is the company's predetermined manufacturing overhead rate? $19.21 per direct labor hour $20.70 per direct labor hour $16.38 per direct labor hour