The manufacturing overhead budget at Cardera Corporation is based on budgeted direct labor hours. The drect labot budget indicotes that 2.300 direct labor hours wil be required in January The variable overhead rate is $100 per deect labor-hour. The company's budgeted fxed manufactuning overheed is $28.060 per month, which Includes depreciation of $4,600 A other fixed manufacturing overhead costs represent current cash fows The compeny recomputes its predetermined overhead rate every month. The predetermined overheed rate for January should be O $12 20 per direct lebor-hour O $13 20 per direct lobor hour 0 S100 per drect labor-tour O $11 20 per direct lator hou