Assume a company has two manufacturing departments-Assembly and Fabrication. The company considers all of its manufacturing overhead costs to be fixed costs. The first set of data below is budgeted data for the company as a whole that was estimated at the beginning of the year. The second set of data below is actual data for the company as a whole that was derived at the end of the year. The third set of data relates to one particular job completed during the year- Job Z. Budgeted Data Assembly Fabrication Manufacturing overhead costs $300,000 $400,000 25,000 15,000 Machine hours 10,000 50,000 Direct labor hours Actual Data Manufacturing overhead costs Direct labor hours) Machine hours Assembly Fabrication $330,000 $380,000 27,000 10,500 16,000 48,000 Job Z Assembly Fabrication Direct labor hours 10 hours. 2 hours Machine hours 1 hour 7 hours If the company uses a plantwide approach for applying overhead to production with machine-hours as the allocation base, the company's olantwide oredetermined overhead rate is closest to: