The following information has been gathered for Cheatham Law Offices for its fiscal year ending December 31: Actual office overhead costs $1,275,500 Actual billable labor hours 44,600 Actual billable labor cost $3,960,000 Estimated office overhead costs $1,080,000 Estimated billable labor hours 48,000 Estimated billable labor costs $4,320,000 What is the predetermined office overhead rate per billable labor hour? A. $28.60 B. $26.57 C. $22.50 D. $24.22