Acitelli Corporation, which applies manufacturing overhead on the basis of machine- hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead $336,960 Estimated machine-hours 8,100 Actual manufacturing overhead $ 337,960 Actual machine-hours 8,160 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The predetermined overhead rate is closest to: Multiple Choice $41.72 $41.60