The company provided the following estimates at the beginning of the year:

Molding 33,000 Fabrication 43,000Total Machine-hours: 76,000Fixed manufacturing overhead costs Molding: $760,000 Fabrication: $270,000 Total $1,030,000Variable manufacturing overhead cost per machine-hour$5.50 for both

Job C-200:MoldingFabricationTotalDirect materials cost$260,000$300,000$560,000Direct labor cost$120,000$250,000$370,000Machine-hoursMolding:8,000Fabrication:35,000Total:43,000

Delph had no under or over manufacturing overhead.

Assume Delph uses a plantwide predetermined overhead rate based on machine-hours.

Compute the plantwide predetermined overhead rate..