The Work in Process Inventory account of a manufacturing company that uses an overhead rate based on direct labor cost has a $11,184 debit balance after all posting is completed. The cost sheet of the one job still in process shows direct material cost of $3,600 and direct labor cost of $2,400. Therefore, the company's overhead application rate is: Multiple Choice 67% of direct labor cost. 144% of direct labor cost. 150% of direct labor cost. 216% of direct labor cost. 46% of direct labor cost.