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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

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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 $ 13,000 $ 1.00 Estimated total direct labor hours to be worked 2,000 Total actual manufacturing overhead costs incurred $ 12,800 Direct materials Direct labor cost Actual direct labor hours worked Job Y $ 13,000 $ 21,000 1,400 Job Z $ 8,000 $ 7,500 500 What is the plantwide predetermined overhead rate

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