Use the information below to answer the following question) Smith Palts allocates overhead based on machine hours. Selected data for the most recent year follow Estimated manufacturing overhead cost Actual manufacturing overhead cost Estimated machine hours Actual machine hours The estimates were made as of the beginning of the yem, while the actual results were for the entire year 20.000 2000 21 Smith Paints the predetermined manufacturing overhead rate per machine hour is closest to OS11.50 O $1150 CS1095 D. 512.50