The annual budget for Shadow Mountain Lumber Co.for 2020 included the following costs and expenses: Direct materials Direct labor ($8 per hour) Sales commissions Factory supervision Indirect labor Factory depreciation Factory taxes Factory insurance Factory utilities $30,000 160,000 48,000 16,000 27,000 25,000 10,000 9,000 13,000 Shadow Mountain Lumber, Co. uses Direct Labor Hours as the activity measure. Based on above information, Shadow Mountain Lumber Co's predetermined overhead rate for 2020 is: SO E $6 per direct labor hour O $5 per direct labor hour C $4.50 per direct labor hour $7.20 per direct labor hour None of these numbers is correct. rec