The Equinox Fabrication Plant suffered a fire incident in August, and most of the records for ...

The Equinox Fabrication Plant suffered a fire incident in August, and most of the records for the year were destroyed. The following accounting data for the year were recovered: Total manufacturing overhead estimated at the beginning of the year $100,480 Total direct labor costs estimated at the beginning of the year $185,000 Total direct labor hours estimated at the beginning of the year 3,300 direct labor hours Actual manufacturing overhead costs for the year $99,410 Actual direct labor costs for the year $140,000 Actual direct labor hours for the year 2,800 direct labor hours The company bases its manufacturing overhead allocation on the number of direct labor hours. What was the predetermined overhead allocation rate for the year’? (Round your answer to the nearest cent.) " A. $35.89 B. $1.86 _:- C. $30.45 D. $66.07