The Equinox Fabrication Plant suffered a fire incident in August, and most of the records for the year were destroyed. The following accounting data for the year were recovered Total manufacturing overhead estimated at the beginning of the year Total direct labor costs estimated at the beginning of the year Total direct labor hours estimated at the beginning of the year Actual manufacturing overhead costs for the year Actual direct labor costs for the year Actual direct labor hours for the year $105,180 $184,000 3.100 direct labor hours $98,660 $150,000 2,600 direct labor hours The company bases its manufacturing overhead allocation on the number of direct labor hours. What was the predetermined overhead allocation rate for the year? (Round your answer to the nearest cent.) O A. $33.93 OB. $70.77 O C. $1.86 OD. $40.45 Iglesias, Inc. completed Job 12 on November 30. The details of Job 12 are given below: Direct labor cost Direct materials cost Machine hours Direct labor hours Predetermined overhead allocation rate $800 $1,000 10 hours 21 hours $60 per machine hour What is the total cost of Job 12? A. $1,600 OB. $1,400 O C. $1,800 OD. $2,400