Longobardi Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of the most recently completed year, the Corporation estimated the labor-hours for the upcoming year at 30,600 labor-hours. The estimated variable manufacturing overhead was $5.81 per labor-hour and the estimated total fixed manufacturing overhead was $891,990. The actual labor-hours for the year turned out to be 27,100 labor-hours. The predetermined overhead rate for the recently completed year was closest to