C) $30,700 D) $24,341 8) Reamer Corporation uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The Corporation has provided the following estimated costs for next year: Direct materials: Direct labor Sales commissions Salary of production supervisor Indirect materials Advertising expense Rent on factory equipment $1,000 $3,000 $4,000 $2,000 $ 400 $ 800 $ 1,000 Reamer estimates that 500 direct labor-hours and 1,000 machine-hours will be worked during the year. The predetermined overhead rate per hour will be: A) $6.00 per machine-hour B) $6.80 per machine-hour C) $3.00 per machine-hour D) $3.40 per machine-hour