Job information The Isaacson's plant completed Jobs 450 and 455 on May 15 . Both jobs incurred a total of 6DL hours throughout the entire production process. Job 450 incurred 1MH in the Machining Department and 5DL hours in the Finishing Department (the other DL hour occurred in the Machining Department). Job 455 incurred 5MH in the Machining Department and 4DL hours in the Finishing Department (the other two DL hours occurred in the Machining Department). Isaacson's Fine Furnishings manufactures upscale custom furniture. Isaacson's currently uses a plantwide overhead rate based on direct labor hours to allocate its $1,300,000 of manufacturing overhead to individual jobs. However, Diana Gillo, owner and CEO, is considering refining the company's costing system by using departmental overhead rates. Currently, the Machining Department incurs $760,000 of manufacturing overhead while the Finishing Department incurs $540,000 of manufacturing overhead. Gillo has identified machirfe hours (MH) as the primary manufacturing overhead cost driver in the Machining Department and direct labor (DL) hours as tire primary cost driver in the Finishing Department. Read the requirements. Requirement 1. Compute the plantwide overhead rate assuming that Isaacson's expects to incur 25,000 total DL hours during the year. First identify the formula, then compute the rate. (Round your answer to the nearest whole dollar.)