Archangel Manufacturing Calculated a Predetermined Overhead Allocation Rate at the Beginning

Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs. The production details for the year are given below: $$\begin{array} { | l | r | } \hline \begin{array} { l } \text { Total manufacturing overhead estimated at the beginning of } \\\text { the year }\end{array} & \$ 140,000 \\\hline \text { Total direct labor costs estimated at the beginning of the year } & \$ 350,000 \\\hline \text { Total direct labor hours estimated at the beginning of the year } & 12,000 \text { direct labor hours } \\\hline \text { Actual manufacturing overhead costs for the year } & \$ 159,000 \\\hline \text { Actual direct labor costs for the year } & \$ 362,000 \\\hline \text { Actual direct labor hours for the year } & 12,400 \text { direct labor hours } \\\hline\end{array}$$ Calculate the allocation rate for the year based on the above data.

A) 40%
B) 44%
C) 250%
D) 228%