Help Save & E 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 72, 600 Estimated variable manufacturing overhead $ 3. 10 per machine-hour Estimated total fixed manufacturing overhead $ 838, 760 The predetermined overhead rate for the recently completed year was closest to: Multiple Choice O $8.66 per machine-hour $9.30 per machine-hour O $6.82 per machine-hour O $14.65 per machine-hour