Reply to one (1) peer. select the initial reply of a classmate that answers a different prompt and reply. Reply with constructive criticism, a question to clarify, or a question to continue the conversation. Oct 15 2:19pm Chapter 4: question 2 1. How is the predetermined overhead rate determined? The predetermined rate is the estimated overhead budget (which are the operation of the business) / Estimated activity base (machine hours). Companies use the predetermined overhead rate to monitor the business expense for the past month, years, or week. That way they could make sure cost are not escalating and determine future job costing