The manufacturing overhead budget at Abby Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 6200 direct labor-hours will be required in June. The variable overhead rate is $6.40 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $122,460 per month, which includes depreciation of $30,000. All other fixed manufacturing overhead costs represent current cash flows. The company recomputes its predetermined overhead rate every month. The predetermined overhead rate for May should be approximately:

A,$26.15

B,$30.99

C,$6.40

D,$21.31

PLEASE HELP