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PLEASE HELP WITH THIS QUESTION & READ VERY CAREFULLY! 5.00 points Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead

PLEASE HELP WITH THIS QUESTION & READ VERY CAREFULLY! image text in transcribed
5.00 points Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct labor hours Machine hours used Assembly $ 1,200,000 12,000 DLH 6,000 MH Finishing $600,000 20,000 DLH 16,000 MH Required: 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

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