BCE Ltd. uses a normal costing system and applies manufacturing overhead on the basis of machine hours. Given Actual Machine Hours = 3,000 hours Estimated Machine Hours = 10985 hours Actual manufacturing overhead = $4,500 Estimated manufacturing overhead = $ 52603 What is the predetermined overhead rate per machine hour? Round to two decimal places. Do not enter commas, $ or words. For example, enter *1234.56" and not "$1,234.56 per machine hour