Weekly Company gathered the following information for the year ended December 31 Direct labor cost incurred for the year Estimated manufacturing overhead costs Estimated direct labor cost Work in process inventory, Dec, 31 Finished goods inventory, Dec. 31 Cost of goods sold Estimated direct labor hours $180,700 $261,300 $215,500 $51,900 $47,300 $141,700 260,300 What would the predetermined manufacturing overhead rate for the year be using direct labor cost as the allocation base? O A. 100% of direct labor cost OB. 84% of direct labor cost O C. 119% of direct labor cost OD. 121% of direct labor cost