The Silver Corporation uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor cost in Department A and on machine-hours in Department B. At the beginning of the year, the Corporation made the following estimates: Direct labor cost Manufacturing overhead Direct labor-hours Machine-hours Department A $ 60,000 $ 90,000 6,000 2,000 Department B $ 40,000 $ 45,000 9,000 15,000 What predetermined overhead rates would be used in Department A and Department B, respectively? Multiple Choice 150% and $3.00 O 67% and $5.00 67% and $3.00 Multiple Choice O 150% and $3.00 O 67% and $5.00 67% and $3.00 150% and $5.00