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 $ 1.00 2,000 $ 12,800 Direct materials Direct labor cost Actual direct labor hours worked Job Y $ 13,000 $ 21,00 1,400 Job z $ 8,000 $ 7,500 500 Assuming Job Z's total job cost is $19,250, what is the plantwide predetermined overhead rate? Multiple Choice $8.50 $5.50 $6.50