QS $17-6($Algo$)$ computing plantwide overhead rates LOP$1$

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 cost Direct labor hours Machine hours Assembly 12,600 direct tabor hours 6,600 machine hours Finishing 20,6 direct labor hours 16,60 machine hours QS 17-6 (Algo) Computing plantwide overhead rates LO P1 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?