Question 8 You must determine the Overhead rate to use next year. You prepared a budget of all the estimated overhead costs of $840,000 for the next year. Since you are a CNC machine shop you use Machine-Hours as the overhead allocation factor This also makes sense since one machinist can operate and manage multiple machines. You estimate 22.800 Machine-Hours next year What will be the overhead rate in dollars per machine-hour for next year Note: The answer is XX XX without the units of measure 1 pts