Longobardi Corporation bases its predetermined overhead rate on the estimated labor$-$hours for the upcoming year. At the beginning of the most recently completed year, the Corporation estimated the labor$-$hours for the upcoming year at $49,200$ labor$-$hours. The estimated variable manufacturing overhead was $$6\mathrm{.}38$ per labor$-$hour and the estimated total fixed manufacturing overhead was $$1,383,504.$ The actual labor$-$hours for the year turned out to be $46,400$ labor$-$hours. The predetermined overhead rate for the recently completed year was closest to: