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TB MC Qu. 02-120 Dallas Company uses a job order... Dallas Company uses a job order costing system. The company's executives estimated that direct labor

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TB MC Qu. 02-120 Dallas Company uses a job order... Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $3,750,000 (150,000 hours at $25/hour) and that factory overhead would be $1,450,000 for the current period. At the end of the period, the records show that there had been 130,000 hours of direct labor and $1,150,000 of actual overhead costs. Using direct labor hours as a base, what was the predetermined overhead rate? (Round your answer to two decimal places.) Multiple Choice O $8.34 per direct labor hour () $9.67 per direct labor hout $8.75 per direct labor hour

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