tO Moonrays, Inc. manufactures both normal and premium tube lights. The company as the allocation base. Estimated overhead costs for the year are $104,000. Additional estimated information is given below. Premium 39,000 $53,000 $480,000 Normal 27,000 Machine hours (MHr) Direct materials Calculate the predetermined overhead allocation rate. (Round your answer to the nearest cent.) OA. $3.85 per direct labor hour O B. $2.67 per machine hour O c. $0.20 per direct labor hour OD. $1.58 per machine hour