The following information has been gathered for the Harrell Manufacturing Company for its fiscal year ending December 31:

Actual manufacturing overhead costs $221,500

Actual direct labor hours $55,800

Actual direct labor costs $454,000

Estimated manufacturing overhead costs $182,080

Estimated direct labor $443,000

Estimated direct labor hours $56,900

What is the predetermined manufacturing overhead rate, assuming direct labor cost is used as the activity base?

40.1%

50.0%

41.1%

48.8%