TeN-6gy Company applies overhead to production on the basis of machine hours. TeN-6gy Company had the following estimated costs for 2033: ... Direct materials Direct labor Advertising expense Depreciation on factory building Rent on office building Indirect materials ..... Production supervisor's salary Sales commissions Depreciation on factory equipment $64,000 80,000 39,000 25,000 30,000 24,000 50,000 40,000 34,000 ...... ..... ... TeN-6gy Company estimates that 20,000 machine hours will be used during 2033. TeN-6gy Company's pre-determined overhead rate based on machine hours for 2033 was equal to