A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: Denominator level of activity Overhead costs at the denominator activity level 6,100 MHs $35,075 $77,775 Fixed overhead cost The following data pertain to operations for the most recent period Actual hours... Standard hours allowed for the actual output Actual total variable manufacturing overhead cost. Actual total fixed manufacturing overhead cost 6,300 MHs 5,994 MHs $36,540 $76,875 The predetermined overhead rate per MH is closest to: Multiple Choice $17.91 per MH $18.59 per MH $18.00 per MH $18.50 per MH