Wendy Wall $($WW$)$ makes wall units. For the year, the following details have been budgeted. Output, $10,000$ units; factory overhead $$1,250,000,$

of which $60\%$ is variable. Each wall unit should take $2\mathrm{.}5$ hours of direct labor to produce. WW produced $9,500$ units with $24,000$ DLH used and

$$1,175,000$ actual overhead was incurred. Overhead is allocated based on direct labor hours $($DLH$).$

What is the correct overhead absorption rate $($to nearest cent$)?$

Multiple Choice

$$52\mathrm{.}63$

$$50\mathrm{.}00$

$$49\mathrm{.}47$

$$47\mathrm{.}00$

None of the choices are correct