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 food manufacturing overhead 72 500 $ 3.40 per machine hou $838.770 The predetermined overhead rate for the recently completed year was closest to $8.64 per machine-hour $14.97 per machine hour $6.68 per machine-hour $10.20 per machine-hour