39 Baj Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year ut of 10 Question $ 534,000 Estimated total fixed manufacturing overhead from the beginning of the year Estimated activity level from the beginning of the year Actual total fixed manufacturing overhead machine 30,000 hours $ 487,000 Actual activity level machine 27,400 hours The predetermined overhead rate per machine-hour would be closest to Select one a $17.80 $19.49 Oc$16.23 Od $17.77