QUESTION 21 The Company gathered the following information for the year ended December 31: Direct labor cost incurred for the year $180,100 Estimated manufacturing overhead costs $284,300 Estimated direct labor cost $225,900 Work in process inventory, Dec, 31 $61,200 Finished goods inventory, Dec. 31 $55,700 Cost of goods sold $141,700 Estimated direct lisbor hours 280,400 The Company uses a job posting system What would the predetermined manufacturing overhead rate for the year be uning direct labot hours as the allocation base? (Round your answer to the nearest cont.) $0.80 per direct labor hour $1.17 per direct labor hour 31.01 per direct inbor hour O $1.25 per direct labor hour QUESTION 22