The predetermined overhead rate for manufacturing overhead for 2020 is $5.00 per direct labor hour. Employees are expected to earn $6.00 per hour and the company is planning on paying its employees $300,000 during the year. However, only 75% of the employees are classified as "direct labor." What was the estimated manufacturing overhead for 2020? Multiple Choice $187.500. $237,500. $270,000. $225,000