Barr MfgProvided the Following Information from Its Accounting Records for 2022

Multiple Choice

Barr Mfg.provided the following information from its accounting records for 2022: $\begin{array}{lr}\text { Estimated production } & 60,000 \text { labor hours } \\\text { Actual production } & \$ 6,000 \text { labor hours } \\\text { Estimated overhead } & \$ 900,000 \\\text { Actual overhead } & \$ 870,000\end{array}$ How much is the predetermined overhead rate if Barr bases the rate on direct labor hours?

A) $16.07 per hour
B) $15.00 per hour
C) $14.50 per hour
D) $15.54 per hour