Assume a company started and completed numerous jobs during July--two of which were Job Y and Job Z. The company uses two departmental predetermined overhead rates. The rate in the Machining Department is based on machine-hours and the rate in the Assembly Department is 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 Machining Assembly Estimated total fixed manufacturing overhead $48,000 $26,300 Estimated variable manufacturing overhead per machine-hour $ 1.50 Estimated variable manufacturing overhead per direct labor-hour Estimated total machine-hours to be used 12,000 Estimated total direct labor hours to be worked 10,000 $ 2.00 Machining Assembly 50 30 Job Y Machine-hours Direct labor-hours Job Machine-hours Direct labor-hours 40 60 What is the predetermined overhead rate in the Assembly Department? Multiple Choice $3.53 a $413 $453 $513