e Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and utes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is on machine hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning urrent year, the company had made the following estimates: hine-hours ect labor-hours cal fixed manufacturing overhead cost Liable manufacturing overhead per machine-hour -iable manufacturing overhead per direct labor- ur Machining 19,000 3,000 $138,700 $ 1.90 Finishing 11,000 6,000 $52,800 $ 3.80 ng the current month the company started and finished Job A803. The following data were recorded for this job: ob A803: chine-hours rect labor-hours Machining 90 20 Finishing 20 60 e predetermined overhead rate for the Finishing Department is closest to: Multiple Choice O $8.80 per direct labor-hour $3.98 per direct labor-hour O O $12.60 per direct labor-hour $3.80 per direct labor-hour