Time F Attem 2 Ho 247 Madrigal Corporation has two production departments, Forming and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: ng Forming Customizing 19,000 12,000 4,000 8,000 ngs $67,200 $119,700 Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour $2.00 $4.20 om Calculate the predetermined overhead rate for the Customizing Department