Moody Corporation uses a job$-$order costing system with a plantwide predetermined overhea rate based on machine$-$hours. At the beginning of the year, the company made the following estimates:

$\backslash$table$[[$Machine$-$hours required to support estimated production,$159,000,],[$Fixed manufacturing overhead cost,$$652,000,],[$Variable manufacturing overhead cost per machine$-$hour,$$,4\mathrm{.}30]]$

Required:

Compute the plantwide predetermined overhead rate.

During the year, Job $400$ was started and completed. The following information was available with respect to this job:

$\backslash$table$[[$Direct materials,$$34$