The Nemo Company has two products: C and D. The annual production and sales of Product C is 2,700 units and of Product D is 2,100 units. The company has traditionally used direct labor-hours as the basis for applying all manufacturing overhead to products. Product C requires 0.5 direct labor-hours per unit and Product D requires 0.8 direct labor-hours per unit. The total estimated overhead for next period is $109,875. The predetermined overhead rate under traditional costing is closest to:

a. $18.68

b. $36.26

c. $9.43

d. $4.96