Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed only two jobs during July-Job Y and Job Z. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The following additional information from the month of July is available for the company as a whole and for Jobs Y and Z: Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per direct labor-hour Estimated total direct labor hours to be worked Total actual manufacturing overhead costs incurred $ 11,000 $ 3.00 2,000 $ 12,800 Direct materials Direct labor cost Actual direct labor hours worked What is the plantwide predetermined overhead rate? Job Y $13,000 $ 21,000 1,400 Job Z $ 8,000 $ 7,500 500 Multiple Choice $11.50 $5.50 $8.50 $2.50