banc corporation trust is considering either a bank-wide overhead rate or department overhead rates to allocate $396,000 of indirect costs. the bank-wide rate could be based on either direct labor-hours (dlh) or the number of loans processed. the departmental rates would be based on direct labor-hours for consumer loans and a dual rate based on direct labor-hours and the number of loans processed for commercial loans. the following information was gathered for the upcoming period: departmentdlhloans processeddirect costs consumer14,000700$ 280,000 commercial8,000300$ 180,000 what is the overhead rate if banc corporation trust allocates the indirect costs using direct labor-hours?