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Daget Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the...

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Accounting

Daget Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $365,280. At the end of the year, actual direct labor-hours for the year were 24,000 hours, manufacturing overhead for the year was overapplied by $9,200, and the actual manufacturing overhead was $362,560. The predetermined overhead rate for the year must have been closest to:1. $15.62 per direct labor-hour2. $15.49 per direct labor-hour3. $15.22 per direct labor-hour4. $15.11 per direct labor-hour

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