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The following T-accounts have been constructed from last year's records at C&C Manufacturing: Raw Materials Bal 10,000 (b) 252,000 (a) 247,000 5,000 Work In Process

The following T-accounts have been constructed from last year's records at C&C Manufacturing:

Raw Materials
Bal 10,000 (b) 252,000
(a) 247,000
5,000

Work In Process
Bal 6,000 (f) 506,000
(b) 161,000
(c) 154,000
(e) 192,500
7,500

Finished Goods
Bal 0 (g) 500,000
(f) 506,000
6,000

Manufacturing Overhead
(b) 91,000 (e) 192,500
(c) 26,000
(d) 78,000
195,000 192,500
2,500 (h) 2,500

Cost of Goods Sold
(g) 500,000
(h) 2,500

C&C Manufacturing uses job-order costing with a predetermined overhead rate and applies manufacturing overhead to jobs based on direct labor costs. What is the predetermined overhead rate?

A) 125%

B) 120%

C) 105%

D) 100%

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