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 $15.01 per machine-hour $10.50 per machine-hour $8.69 per machine-hour $666 per machine-hour 72,900 $ 3.50 per machine-hot $ 838,730

Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: pieuetermined overhead rate for the recently completed year was closest to: Multiple Choice \$15.01 per machine-hour $10.50 per machine-hour $869 per machine-hour $666 per machine-hout