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 $ 29,000 $ 1.00 2,000 $ 12,800 Direct materials Direct labor cost Actual direct labor hours worked What is the plantwide predetermined overhead rate? Multiple Choice $13.50 $14.50 $15.50 $16.50 Job Y Job Z $ 13,000 $ 8,000 $ 21,000 $ 7,500 1,400 500