Question Click to open Glannitli Corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming your Data the upcoming year appear below! Estimated machine hours 36,000 per machine Estimated variable manufacturing overhead 3.01hour Estimated total nxed manufacturing overhead $1,050,040 The predetermined overhead rate for the recently completed year was closest to: $32.40 per machine hour $3.01 per machine hour $32.81 per machine hour $29.99 per machine hour