Asume 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: $ 2 Estimated total fixed manufacturing over head 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 Job 2 $13,000 $8,000 $21,000 $7,500 1,400 500 Assuming Job Z's total job cost is $19,250, what is the plantwide predetermined overhead rate? Assuming Job Z's total job cost is $19,250, what is the plantwide predetermined overhead rate? Multiple Choice $8.50 $5.50 a $6.50 O $750