Jameson Company uses a predetermined overhead rate based on direct Labour hours to apply manufacturing overhead to jobs. The company has provided the following estimated costs for the next year: Direct materials 5,000 Direct Labour 19,000 Rent on factory building 16,000 Sales salaries 24,000 Depreciation on factory equipment 7,000 Indirect Labour 11,000 Production supervisor's salary 14,000 Jameson estimates that 24,000 direct Labour hours will be worked during the year. The predetermined overhead rate per hour will be: Multiple Choice 4.00 3.00 2.00 2.79