The GA-58388 company uses direct labor cost as its allocation base for its predetermined overhead rate....

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The GA-58388 company uses direct labor cost as its allocation base for its predetermined overhead rate. The company reports $ 2,720 for the ending balance of its work in process inventory. The company has two incomplete products that respectively used $200 and $300 of direct materials, and $ 400 and $ 800 of direct labor. Using these facts, what is the GA-58388 company's predetermined overhead rate as a percentage of direct labor cost? Multiple Choice 75% 85% 90 % 95% The GA-58388 company uses direct labor cost as its allocation base for its predetermined overhead rate. The company reports $ 2,720 for the ending balance of its work in process inventory. The company has two incomplete products that respectively used $200 and $300 of direct materials, and $ 400 and $ 800 of direct labor. Using these facts, what is the GA-58388 company's predetermined overhead rate as a percentage of direct labor cost? Multiple Choice 75% 85% 90 % 95%