Brothern 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 38,300 Estimated variable manufacturing per machine- overhead $ 5.77hour Estimated total fixed manufacturing 1,028,73 overhead $ 8 Actual machine-hours for the year 34,800 The predetermined overhead rate for the recently completed year was closest to: $32.10 per machine-hour $5.77 per machine-hour $26.86 per machine-hour $32.63 per machine-hour