The following information applies to Your Company for the current year: Direct labor-hours: Estimated for the year. 80,000 Actual hours worked. 85,000 Machine hours Estimated for the year. 95,000 Actual hours worked. 92,000 Manufacturing overhead: Estimated for the year $192,000 Actual cost incurred 200,000 Overhead cost is applied to production on a basis of machine hours. What is the predetermined overhead rate (round if necessary)?

Group of answer choices

$2.09

$2.50

$2.02

$2.17

$2.11