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 $14.94 per machine-hour $6.69 per machine-hour $8.67 per machine-hour 72,700 $ 3.40 per machine-hour $ 838,750

Giannitti 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: Multiple Choice $14,94 per machine hour $6.69 per machine-hour $8.67 per machine-hour