Brothem Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed year appear below Est inates nade at the beginning of the year Eatimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead 35,900 $ 6.73 per machine-hour $801,288 33,300 Actual machine-hours for the year The predetermined overhead rate for the recently completed year was closest to Multiple Choice $29.05 per machine-hour $6.73 per machine-hour $28.56 per machine-hour $22.32 per machine-hour