value: 10.00 points Moody Corporation uses a job-order costing system with a plantwide overhead rate based on machine- hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production159,000 Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour $4.20 $654,000 Required 1. Compute the predetermined overhead rate. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Predetermined overhead ate 31 :13:21, kill 2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Direct materials requisitioned$350 Direct labor cost Machine-hours used $200 36