DRE Co. uses predetermined overhead rates to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labour cost for the Assembly department and on machine hours for the Finishing department. At the beginning of the year, DRE Co. had the following information: Assembly department Finishing department Direct labour cost $ 60,000 $ 80,000 Manufacturing overhead $120,000 $100,000 Direct labour hours 6,000 1,600 Machine hours 4,000 20,000 Which one of the following represents the predetermined overhead rates that should be used in the Assembly and Finishing departments, respectively? Spreadsheet Xlsx Available answer options Select only one option Data table to aid in answering question Answer checkboxes Assembly department predetermined overhead rate Finishing department predetermined overhead rate A $20.00 $5.00 B $30.00 125% C 200% $62.50 D 200% $5.00