The Work in Process inventory account of a manufacturing firm shows a balance of $3,900 at the end of an accounting period. The job cost sheets of two uncompleted jobs show charges of $575 and $460 for materials, and charges of $345 and $690 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of:

rev: 04_16_2014_QC_48312

376.81%

56.56%

176.81%

46.92%