Taveras Corporation currently operates at $50\%$ of its available manufacturing capacity. It uses job$-$order costing 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 $200,000$

Fixed manufacturing overhead cost $ $2,800,000$

Variable manufacturing overhead cost per machine$-$hour $ $2\mathrm{.}00$

Required:

Compute the plantwide predetermined overhead rate.

During the year, Job P$90$ was started, completed, and sold to the customer for $$3,200.$ The following information pertains to this job:

Direct materials $ $1,472$

Direct labor cost $ $1,056$

Machine$-$hours used $79$