COTB MC Qu. 2-51 (Algo) Assume a company had no jobs... 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 Direct materials Direct labor cost Actual direct labor hours worked What is the plantwide predetermined overhead rate? Job Y $13,000 $ 21,000 1,400 Job Z $ 8,000 $ 7,500 500 $ 25,000 $ 2.00 2,000 $ 12,800