A company expected its annual overhead costs to be $1800000and direct labor cost

A company expected its annual overhead costs to be $1800000and direct labor costs to be $1000000. Actual overhead was$1740000 and actual labor costs totaled $1100000. How much isthe companys predetermined overhead rate to the nearest cent?a. $1.74b. $1.57c. $1.80d. $1.64