Banc Corp. Trust is considering ether a benikwide overhead rate or department owerhead rates to allocote $368,000 of indrect costs. The bankwide rate couid be based on either direct lebor hours (DLHI or the number of lvens hours for Consumer Loans and a dual rte based on direct lebor hours and the rumber of loeris processed for Commercial Loans. The folowing informetion was gathered for the upcoming period processed. The would be rocessed. Tm depertumental tates based on direct lebo 20000 $140000 Banc Corp. T IST estimates thor n costs $35010 anolyze ond dose commercial loan whot is The Ove head rate Bonc Corp. T IST ocores the re aining ndrect costs using direct labor hours? $12 96 par hour $1600 per hour O $1,000 per loe. O $950 per loan