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

Machine$-$hours required to support estimated production Fixed manufacturing overhead cost

Variable manufacturing overhead cost per machine$-$hour

$154,000$

$$659,000$

$$4\mathrm{.}90$

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,$$390$