Oscar Company has two production departments, Machining and Assembly. The following data are available for fiscal year 2024. $8 per labor hour O $10 per labor hour O $12 per labor hour $20 per labor hour Estimated direct labor hours Actual direct labor hours O None of the above Estimated machine hours Actual machine hours Estimated manufacturing overhead Actual manufacturing overhead Machining 10,000 11,000 40,000 39,000 $200,000 $220,000 Assembly 50,000 52,000 20,000 20,000 $400,000 If Oscar Company assigns manufacturing overhead based on direct labor hours, then what was the plantwide predetermined overhead rate for fiscal year 2024? $440,000