Help Save & Exit Submit Brothem Corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year Data for the most recently completed year appear below Estimates made at the beginning of the year: Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead 40,600 $6.54 per machine-hour $344,762 Actual machine-hours for the year The predetermined overhead rate for the recently completed year was closest to 36,700 Multiple Choice $2918 per machine hour 5654 per machine-hour