Carlo Limited Supplied the Following Information and Advised That Manufacturing

Multiple Choice

Carlo Limited supplied the following information and advised that manufacturing overhead is applied on the basis of direct labour hours.
Estimated manufacturing overhead costs $2 295 000
Estimated direct labour hours 340 000
Actual direct labour hours 348 000
Actual manufacturing overhead costs $2 357 000
What is the predetermined overhead rate?

A) $6.50
B) $6.25
C) $6.75
D) $7.00