George's Chemicals allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufacturing overhead cost $235,000 Actual manufacturing overhead cost $244,200 Estimated machine hours 20,300 Actual machine hours 22,700 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

$11.58 per machine hour

Explanation:

Given that: Estimated Manufacturing overhead cost =$235,000, Actual manufacturing overhead cost = $244,200 Estimated machine hours = 20,300, Actual machine hours= 22,700

The predetermined manufacturing overhead rate per machine hour = Estimated manufacturing overhead cost / Estimated machine hours

= $235,000 / 20,300

= $11.5763

= $11.58 per machine hour

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answer; read and consider the content of the items;