** Use the following information to answer the next 3 questions *** Newton Company has two support departments, S1 and 52, and two producing departments, P1 and P2. Both producing department use direct labor hours as a plant-wide overhead allocation rate. Data for Newton is provided as follows: Direct Costs Service hours used Number of employees s1 s2 $120,000 $18,000 200 20 -- 200 200 P1 $36,000 1,200 50 1,000 P2 $60,000 600 30 2,000 Direct labor hours What is the overhead costs allocation rate for P1 after allocating S1 and S2 support departments using the direct method? Select one: O a. $119.25 O b. $117.00 O c. $120.00 O d. $127.25