Ch 4 to 6 Multiple Choice Identify the choice that best completes the statement or answers the question Morrow Company applies overhead based Company applies overhead based on direct labour hours. At the beginning of the year, Ivorrow estimates overhead to be $620.000 machine hours to be 180,000, and direct labour hours to be 40,000. During February, Morrow has 4,200 direct labour hours and 8,000 machine hours. What is the predetermined overhead rate? $3.44 per machine hour $147.62 per direct labour hour $15.50 per direct labour hour $77.50 per machine hour None of these are correct Softball Gloves Company estimated the following at the beginning of il Assembly Tai