Required Information [The folrowmg Information applies to the questions displayed below. J Sweeten Company had no jobs In progress at the beginning of March and no beginning Inventories. The company has two manufacturing departmentsMolding and Fabrication. It started, completed. and sold only two Jobs during MarchJob P and Job 0. The foilowmg additional information Is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March): Holding Fabrication Total Estimated total machine-hours used 2,500 1,500 4,000 Estimated total fixed manufacturing overhead $10,750 $15,450 $26,200 Estimated variable manufacturing overhead per machine-hour S 1.70 S 2.50 ' Job P Job Q Direct materials $16,000 $9,560 Direct labor cost $23,400 $8,700 Actual machine-hours used: Molding 2,000 1,100 Fabrication 900 1:200 3 Total 2:900 2: 06 sweeten Company had no underapplied or overapplled manufacturing overhead COStS during the month. Required: For questions 1-9, assume that Sweeten Company uses departmental predetermined overhead rates With machine-hours as the allocation base in both departments and Job P included 20 units and Job Q included 30 units. For questions 10-15, assume that the company uses a plantwride predetermined overhead rate With machine-hours as the allocation base. 10. What was the company's piantwlde predetermined overhead rate? (Round your answer to 2 decimal places.)