For all questions, show your work. Round intermediate calculations to two decimal places and final totals to whole dollars. 1) Wong Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: Estimated machine-hours 72,000 $3.40 per machine-hour Estimated total fixed manufacturing overhead $ 838,770 Estimated variable manufacturing overhead Required: Compute the predetermined overhead rate for the recently completed year. (10