Kay Company budgets overhead cost of $2,900,000 for the next year. The company uses direct labor hours as its overhead allocation base. If 80,000 direct labor hours are planned for the next year, what is the company's plantwide overhead rate? $0.02 per direct labor hour. $46.25 per direct labor hour. $36.25 per direct labor hour. $10.00 per direct labor hour. $0.10 per direct labor hour QUESTION 4 The following data relates to Coachman Company's budgeted amounts for next year. Department 1 $ 300,000 Budgeted Data: Overhead costs Department 2 $ 400,000 Direct labor hours 60,000 DLH 3,000 MH 80,000 DLH 4,000 MH Machine hours What is the company's plantwide overhead rate if machine hours are the allocation base? (Round your answer to two decimal places.) $233.33 per MH. $150.00 per MH $100.00 per MH $4.90 per MH $5.00 per MH

Kay Company budgets overhead cost of $2,900,000 for the next year. The company uses direet labor hours as its overhead allocation base. If 80,000 direct labor hours are planned for the next year, what is the company's plantwide overhead rate? $0.02 per direct labor hour. $46.25 per direct labor hour. $36.25 per direct labor hour. $10.00 per direct labor hour. S0.10 per direct labor hour QUESTION 4 The following data relates to Coachman Company's budgeted amounts for next year. What is the company's plantwide overhead rate if machine hours are the allocation base?(Round your answer to two decimal places.) $233.33 per MH $150.00 per MH $100.00 per MH $4.90 per MH $5.00 per MH