Aksamit Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year.Data for the most recently completed year appear below: 
The predetermined overhead rate for the recently completed year was closest to:
Definitions:
Restatement (Second)
A collection of model legal principles designed to clarify, modernize, and otherwise improve American common law, particularly in contracts and torts.
Intoxication
A state of being under the influence of drugs or alcohol, affecting cognitive and physical functions.
Legal Age
The age at which an individual is recognized by law as being capable of entering into a legally binding contract, among other adult responsibilities and rights.
Capacity to Enter
The legal ability of a person to enter into a binding contract, typically requiring them to be of a certain age and sound mind.
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