Gilchrist Corporation bases its predetermined overhead rate on the estimated machine$-$hours for the

upcoming year. At the beginning of the most recently completed year, the Corporation estimated the machine$-$

hours for the upcoming year at $45,900$ machine$-$hours. The estimated variable manufacturing overhead was

$$7\mathrm{.}53$ per machine$-$hour and the estimated total fixed manufacturing overhead was $$1,290,708.$ The

Multiple Choice

$$28\mathrm{.}12$ per machine$-$hour

$$34\mathrm{.}65$ per machine$-$hour

$$35\mathrm{.}65$ per machine$-$hour

$$753$ ner marhine$-$hour