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 185,000fixed manufacturing overhead cost $ 2,960,000variable manufacturing overhead cost per machine-hour $ 2.00 required: 1. compute the plantwide predetermined overhead rate.2. during the year, job p90 was started, completed, and sold to the customer for $2,900. the following information was available with respect to this job: direct materials $ 1,334direct labor cost $ 957machine-hours used 76 compute the total manufacturing cost assigned to job p90.