CWN Company uses a job order costing system and last period incurred $90,000 of actual overhead and $100,000 of direct labor. CWN estimates that its overhead next period will be $65,000. It also expects to incur $100,000 of direct labor. If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should be:a. 65%b. 90%c. 138%d. 111%e. 154%.