Manufacturing has the following budgeted data for its two production departments. Budgeted Data Overhead cost Direct labor hours Machine hours Assembly 12,800 direct labor hours 6,800 machine hours $ 1,382,400 1. What is the company's single plantwide overhead rate based on direct labor hours? 10 2. What is the company's single plantwide overhead rate based on machine hours? Actual machine hours Budgeted machine hours Finishing 20,800 direct labor hours 16,800 machine hours $ 1,108,800

Required informetion Rafner Manufacturing has the following budgeted data for its two production departments