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

$$838,800$

The predetermined overhead rate for the recently completed year was closest to:

Multiple Choice

$$8\mathrm{.}66$ per machine$-$hour

$$6\mathrm{.}69$ per machine$-$hour

$$14\mathrm{.}95$ per machine$-$hour