16.A manufacturing company has two departments, Machining and Assembly, at its Shanghai plant. This year's budget for the plant contained the following information: Machining Assembly Manufacturing overhead $4,000,000 $2,000,000 Direct labor hours Machine hours 100,000 200,000 40,000 40,000 If the Shanghai plant uses departmental allocation based on machine hours (MH) for the Machining Department and direct labor hours (DLH) for the Assembly Department, what would the rates be when allocating overhead to the individual products? *Source: Retired ICMA CMA Exam Questions. Machining: $40/hr, Assembly: $10/hr Machining: $50/hr, Assembly: $6.67/hr Machining: $100/hr, Assembly: $10/hr Machining: $100/hr, Assembly: $50/hr 7