Exercise 2-7 (Algo) Job-Order Costing: Working Backwards [LO2-1, LO2-2, LO2-3] Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $22.00 per hour. During the year, the company started and completed only two jobs-Job Alpha, which used 58,700 direct labor-hours, and Job Omega. The job cost sheets for these two jobs are shown below: Job Alpha Direct materials Direct labor Manufacturing overhead applied $2,590,000 Total job cost Job Omega Direct materials Direct labor Manufacturing overhead applied Total job cost Required: $ 448,700 574,200 391,500 $1,414,400 1. Calculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Alpha. Complete this question by entering your answers in the tabs below. L Required 1 Required 2 Calculate the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.)