the year Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the y Total manufacturing overhead costs estimated at the beginning of $140,000 Total direct labor costs estimated at the beginning of the year $320,000 Total direct labor hours estimated at the beginning of the year 10.000 direct labor hours Actual manufacturing overhead costs for the year $160,000 Actual direct labor costs for the year $360,000 Actual direct labor hours for the year 12 200 direct labor hours Calculate the manufacturing overhead allocation rate for the year based on the above data (Round you A. 43.75% B. 257.14% C. 22.95% D. 11.43% at the beginning of the year based on direct labor costs. The production details for the year are given below: $140,000 $320,000 of labor hours $160,000 $360,000 ct labor hours above data (Round your final answer to two decimal places)