Steele Corporation uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. Steele Corporation has provided the following estimated costs for next year: 29,000 68,000 83,000 Direct materials Direct labor Sales commissions Salary of production supervisor Indirect materials Advertising expense Rent on factory equipment 70,000 10,000 23,000 32,000 $ $ Steele estimates that 17,000 direct labor-hours and 21,000 machine-hours will be worked during the year. The predetermined overhead rate per hour will be