Smith Paints allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufacturing overhead cost $251229 Actual manufacturing overhead cost $247619 Estimated machine hours 20700 Actual machine hours 20492 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 (INPUT YOUR ANSWER WITH NO COMMAS OR DOLLAR SIGNS. ROUND TO TWO DECIMAL PLACES, FOR EXAMPLE 77.77)