13 TB MC Qu. 04-101 (Algo) The following data relates to.. The following data relates to Coach Leather Goods's budgeted amounts for next year. 5 Budgeted Data: Department 1 Department 2 points Overhead costs $ 640, 000 $ 944, 000 Direct labor hours 77,000 DLH 97,000 DLH 00:49:03 Machine hours 2,700 MH 3,700 MH What is the company's plantwide overhead rate if machine hours are the allocation base? (Round your answer to two decimal places.) eBook Multiple Choice O $247.50 per MH O $172.97 per MH O $8.31 per MH O $112 59 per MH