Electric Car Company listed the following data for the current year. Budgeted factory overhead Budgeted direct labor hours Budgeted machine hours Actual factory overhead Actual labor hours. Actual machine hours $ 1,134,000 70,000 25,000 1,100,900 71,100 24,000 Assuming Electric Car applied overhead based on machine hours, the company's predetermined overhead rate for the year is Multiple Choice $15.70 per machine hour.