Selected T-accounts of Moore Company are given below for the just completed year: \begin{tabular}{|l|c|c|} \hline 1. Cost of raw materials & $130,0000 \\ \hline 2. Indirect materials & $30,0000 \\ \hline 3. Indirect labor cost & $20,0000 \\ \hline 4. Cost of goods manufactured & $500,0000 \\ \hline 5. Unadjusted cost of goods sold & & \\ \hline \end{tabular} If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year