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Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor hours costing $2,500,000 in labor and utilizing 12,500 machine

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Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor hours costing $2,500,000 in labor and utilizing 12,500 machine hours. Calculate the predetermined overhead rate using: (Please enter your response as a DOLLAR amount ($XX.XX) OR as a PERCENTAGE (XX%), depending on the circumstance!) A. Direct labor hours per direct labor hour B. Direct labor dollars of direct labor cost C. Machine hours per machine hour

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