Helland Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: 
The predetermined overhead rate is closest to:
Definitions:
Marginal Revenue Product
The additional revenue generated from employing one more unit of a factor of production, such as labor or capital.
Land
Refers to natural resources or the surface of the earth, including fields, forests, and minerals, which are used for production.
Henry George
Henry George was a 19th-century economist and social philosopher known for his advocacy for a single tax on land value to address social inequalities.
Single Tax
Single tax refers to a fiscal policy proposal where one type of tax, often on land value, replaces all other taxes to simplify the tax system and address economic inequality.
Q39: Mullins Corporation uses the first-in, first-out method
Q40: In February, one of the processing departments
Q90: The following accounts are from last year's
Q121: Barbeau Corporation has two production departments, Milling
Q208: Job cost sheets contain entries for actual
Q209: The schedule of cost of goods manufactured
Q236: Koczela Incorporated has provided the following data
Q243: Buckovitch Corporation is a manufacturer that uses
Q303: Comans Corporation has two production departments, Milling
Q388: If a job is not completed at