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The GA-59312 company uses direct labor cost as its allocation base for its predetermined overhead rate. The company reports $ 2,025 for the ending

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The GA-59312 company uses direct labor cost as its allocation base for its predetermined overhead rate. The company reports $ 2,025 for the ending balance of its work in process inventory. The company has two incomplete products that respectively used $500 and $ 300 of direct materials, and $400 and $100 of direct labor. Using these facts, what is the GA- 59312 company's predetermined overhead rate as a percentage of direct labor cost? Multiple Choice 150 % 155 % 135% 145 %

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