Check my QS 4-3 Plantwide rate method LO P1 A manufacturer uses machine hours to assign overhead costs to products. Budgeted information for the next year follows. Budgeted factory overhead costs Budgeted machine hours $559,00e 6,5ee Compute the plantwide overhead rate for the next year based on machine hours Plantwide overhead rate per MH Next Prev 1 of 10 w search FT Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct labor hours Machine hours Assembly $1,228,200 12,300 DLH Finishing $630,eee 20,300 DLH 16,300 MH 6,300 MH Required: Answer is complete but not entirely correct. 1. What is the company's single plantwide overhead rate based on direct labor hours? Estimated overhead costs 99.85 per direct labor hour 1.228.200 12,300 x Estimated direct labor hours 2. What is the company's single plantwide overhead rate based on machine hours? s 630.000 S 38.65 per machine hour Estimated overhead costs Estimated machine hours 16,300 2 of 10 Next> search Check my won 1. Compute the plantwide overhead rate using direct labor hours as the base. 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the plantwide overhead rate using direct labor hours as the base. Actual overhead costs Required 1 Required 2 3 of 10 Next>