Answer:
Estimated manufacturing overhead rate= $15.5 per machine hour.
Explanation:
Giving the following information:
H Corporation uses a predetermined overhead rate base on machine-hours.
Estimated manufacturing overhead from the beginning of the year $ 310,000 Estimated activity level from the beginning of the year 20,000 machine-hours.
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 310000/20000= $15.5 per machine hour.