20. Brother Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed years below: Estimates made at the beginning of the year: Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead Actual machine-hours for the year 49,400 5.02 per machine-hour S 1,443,44 47,400 The predetermined overhead rate for the recently completed year was closest to A. $29.26 per machine-hour B. $34.28 per machine-hour C. $5.02 per machine-hour D. $34.08 per machine-hour