Vanliere Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machining Finishing 19,000 3,000 $138,700 $ 1.90 Machine-hours 11,000 Direct labor-hours 6,000 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour $52,800 Variable manufacturing overhead per direct labor-hour $ 3.80 During the current month the company started and finished Job A803. The following data were recorded for this job: Job A803: Machining Finishing Machine-hours 90 20 Direct labor-hours 20 60 The predetermined overhead rate for the Finishing Department is closest to: