Brothers Corporation bases its predetermined overhead rate on the estimated machine hours ter the woningen the most recently completed year appear below. Estimates made at the beginning of the year: Estimated machine-hours 49,400 Estimated variable manufacturing overheads per machine 5.02hour Estimated total fixed manufacturing overhead $ 1,445,444 47,400 Actual machine-hours for the year The predetermined overhead rate for the recently completed year was closest to $5.02 per machine-hour $29 26 per machine-hour $34.00 per machine-hour $34.28 per machine-hour