Ryan's Paints allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufacturing overhead cost dollar235, 900 Actual manufacturing overhead cost dollar244, 500 Estimated machine hours 21,000 Actual machine hours 22, 800 The estimates were made as of the beginning of the year, while the actual results were for the entire year. The predetermined manufacturing overhead rate per machine hour is closest to dollar11.64. dollar10.72