Giannitti 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 Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead 72,500 $ 3.40 per machine-hour $838,740 The predetermined overhead rate for the recently completed year was closest to Multiple Choice 514 97 per machine hour $864 per machine how $10.20 per machine hour 5668 per machine hour