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 The predetermined overhead rate for the recently completed year was closest to: Multiple Choice O $9.60 per machine-hour $8.68 per machine-hour $6.79 per machine-hour $14.72 per machine-hour 72,800 $ 3.20 per machine-hour $ 838,770

Giannitt Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: The predetermined overhead rate for the recently completed year was closest to: Multple Choice $960 per mactinethour $8.68 per machine-hour 5679 per machine-hour 51472 per mochinn-nour