The GA-67262 company uses direct labor cost as its allocation base for its predetermined overhead rate. The company reports $ 2,040 for the ending balance of its work in process inventory. The company has two incomplete products that respectively used $ 400 and $200 of direct materials, and $ 300 and $ 500 of direct labor. Using these facts, what is the GA-67262 company's predetermined overhead rate as a percentage of direct labor cost? Multiple Choice O 70% 80% 90% 85% < Prev 10 of 12 Next >