The Work in Process inventory account of a manufacturing Corporation shows a balance of $1,746 at the end of an accounting period. The job cost sheets of the two uncompleted jobs show charges of $280 and $40 for materials, and charges of $340 and $580 for direct labor. From this information, it appears that the Corporation is using a predetermined overhead rate, as a percentage of direct labor costs, of:

Noreen 4e Recheck 2017-16-03

A) 230%

B) 55%

C) 182%

D) 170%