Glannitti 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 72 300 $ 3.20 per machine-hour S838,760 The predetermined overhead rate for the recently completed year was closest to Multiple Choice 0 $675 per machine-hour O 59 60 per machine-hour 0 514 80 per machine hour 0 $8.52 per machine hour 0