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Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $2,000,000 (200,000 hours at $10/hour) and that factory overhead would be $1,500,000 for the current period. At the end of the period, the records show that there had been 180,000 hours of direct labor and $1,200.000 of actual overhead costs. Using direct labor hours as a base, what was the predetermined overhead rate? Multiple Choice $6.00 per direct labor hour $750 per direct labor $6.67 per direct labor hour $8.33 per direct labor hour $708 per direct labor Prev 1 of 10 Next