Action Corporation, which applies manufacturing overhead on the basis of labor hours, has provided the following data for its most recent year of operations. Estimated labor hours were 3,900. Actual labor hours were 3800. Note that labor hours are used. $137,080 Estimated manufacturing overhead Estimated machine-hours Actual manufacturing overhead Actual machine-hours The predetermined overhead rate is closest to: 3,800 $137,000 3,780 $36.60 $35.66 $36.24 $35.15 None of the above Please show the work