stion 3 Vaughn Manufacturing provided the following information from its accounting records for 2019, Estimated production Actual production Budgeted overhead Actual overhead 100000 labor hours 96000 labor hours $1100000 $1060000 How much is the overhead application rate if Vaughn Manufacturing bases the rate on direct labor hours? O $11.04 per hour O $11.00 per hour $11.46 per hour $10.60 per hour