13) Steele Corporation uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. Steele Corporation has provided the following estimated costs for next year 20,000 ,.. /25 60,000 .r-b Direct materials Direct labor Sales commissions Salary of production supervisor $40,000 Indirect materials Advertising expense Rent on factory equipment 20,000 $ 80,000 S 8,000 S 16,000 Steele estimates that 10,000 direct labor-hours and 16,000 machine-hours will be worked during the year. The predetermined overhead rate per hour will be: 13) A) $10.25 B)$4.25C) $9.00 D)$8.00