QUESTION 3 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 72,300 Estimated variable manufacturing overhead $ 3.40per machine hour Estimated total fixed manufacturing overhead $ 838,770 The predetermined overhead rate for the recently completed year was closest to: $8.62 per machine-hour $10.20 per machine-hour $6.02 per machine-hour $15.00 per machine-hour QUESTION 4 Saada Corporation uses the weighted average method in its process costing system. The Fitting Department is the second department in its production proe data below summarize the department's operations in March