The GA-74576 company uses direct labor cost as its allocation base for its predetermined overhead rate. The company reports $ 2,480 for the ending balance of its work in process inventory. The company has two incomplete products that respectively used $ 200 and $ 400 of direct materials, and $300 and $ 500 of direct labor. Using these facts, what is the GA-74576 company's predetermined overhead rate as a percentage of direct labor cost? Multiple Choice 135 % 145 % 125 % 140 %