Trust Company applies overhead based on direct labor hours. At the beginning of the year, Trust estimates overhead to be $720,000, machine hours to be 220.000, and direct labor hours to be 70.000. During February, Trust has 6,000 direct labor hours and 12,000 machine hours. What is the predetermined overhead rate? $10.00 per direct labor hour $12.00 per direct labor hour $20.00 per direct labor hour $25.00 per machine hour O None of these are correct