Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories....

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Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March- Job P and Job Q. The following 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): Molding Fabrication 4,400 2,640 Total 7,040 $ $ $ 26,400 44,000 $ 2.20 Estimated total machine-hours used Estimated total fixed manufacturing overhead 17,600 Estimated variable manufacturing overhead per machine-hour $ 1.40 Direct materials Job P Job Q $ 22,880 $ 14,080 Direct labor cost $ 36,960 $ 13,200 Actual machine-hours used: Molding 3,040 1,410 Fabrication Total 1,060 1,530 4,100 2,940 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 10. What was the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.) I Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March- Job P and Job Q. The following 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): Molding Fabrication 4,400 2,640 Total 7,040 $ $ $ 26,400 44,000 $ 2.20 Estimated total machine-hours used Estimated total fixed manufacturing overhead 17,600 Estimated variable manufacturing overhead per machine-hour $ 1.40 Direct materials Job P Job Q $ 22,880 $ 14,080 Direct labor cost $ 36,960 $ 13,200 Actual machine-hours used: Molding 3,040 1,410 Fabrication Total 1,060 1,530 4,100 2,940 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. 10. What was the company's plantwide predetermined overhead rate? (Round your answer to 2 decimal places.) I