Glycogen Corp

Glycogen Corp. estimates that its 2011 overhead will be $20,000,000 and its 2011 and 2012 estimated direct labor hours (DLHs) will be 5,000,000 and 4,000,000 hours, respectively. Actual overhead in 2011 was $20,800,000. Glycogen's 2011 predetermined overhead rate per DLH is

A) $0.25.
B) $4.44.
C) $4.00.
D) $4.16.
E) $5.00.