Corporation has two production departments, Milling and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Milling Departments predetermined overhead rate is based on machine-hours and the Finishing Departments predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:

Milling Finishing

Machine-hours 20,000 14,000

Direct labor-hours 2,000 8,000

Total fixed manufacturing overhead cost $ 148,000 $ 88,000

Variable manufacturing overhead per machine-hour $ 1.90

Variable manufacturing overhead per direct labor-hour $ 3.60

The predetermined overhead rate for the Finishing Department is closest to: