Brother Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed year appear below Estimates made at the beginning of the year Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead Actual machine-hours for the year 49,300 $ 6.37 per machine-hour $ 997,832 45,800 The predetermined overhead rate for the recently completed year was closest to $20.24 per machine-hour $26.61 per machine-hour $26. 16 per machine hour O $6.37 per machine-hour