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	30,900
Estimated variable manufacturing overhead	$ 6.14	per machine-hour
Estimated total fixed manufacturing overhead	$ 811,434
Actual machine-hours for the year	27,400

The predetermined overhead rate for the recently completed year was closest to:

Multiple Choice

$31.70 per machine-hour

$32.40 per machine-hour

$6.14 per machine-hour

$26.26 per machine-hour