Hibshman 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 company estimated the machine-hours for the upcoming year at 20,000 machine-hours. The estimated variable manufacturing overhead was $771 per machine-hour and the estimated total fixed manufacturing overhead was $268,500. The predetermined overhead rate for the recently completed year was closest to O $13.43 per machine-hour O $1356 per machine hour O $7.71 per machine hour O $2114 per machine-hour Wyly Inc. produces and sells a single product. The selling price of the product is $170.00 per unit and its variable cost is $62 90 per unit. The fixed expense is $356,643 per month. The break-even in monthly dollar sales is closest to $963,900 $566,100 O $628,881 O $356,643