Taveras Corporation is currently operating at $50\%$ of its available manufacturing capacity. It 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

$180,000$

$$2,520,000$

$$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 $$2,800.$ The following information was available with respect to this job:

$\backslash$table$[[$Direct materials,$$1,288$