Builder Giant Estimates the Following Overhead Costs for 2013 $\text { Buil der Giant incurred the following costs for } 2013 \text { for job A.56: }$

Builder Giant estimates the following overhead costs for 2013: $\begin{array}{lr}\text { Equipment depreciation } & \$ 30,000 \\\text { Equipment maintenance } & 64,000 \\\text { Factory management salaries } & 150,000 \\\text { Factory rent } & 50,000 \\\text { Total manufacturing overhead } & \$ 294,000\end{array}$
$\text { Buil der Giant incurred the following costs for } 2013 \text { for job A.56: }$
Direct material $\quad\quad\quad \$ 40,000$
Direct labor $\quad\quad\quad\quad \$ 12,800$ Other jobs incurred $183,200 of direct labor. Builder Giant also budgeted $210,000 in direct labor costs and 20,000 machine hours for 2013. Actual manufacturing overhead for 2013 was $336,000. How much is the predetermined overhead rate using direct labor cost as the allocation base?

A) $14.70
B) $1.60
C) $1.50
D) $1.40