O Required information Use the following information for the Quick Studies below. (Algo) Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Overhead coat Direct labor hours Machine hours Assembly $ 1,535,100 12,900 direct labor hours 5,100 machine hours Finishing $ 1,011, 700 19.100 direct labor hours 15,100 machine hours 1. What is the company's single plantwide overhead rate based on direct labor hours? 2. What is the company's single plantwide overhead rate based on machine hours