QS 17-4 Computing plantwide overhead rates LO P1 Rafner Manufacturing identified the following budgeted data in its two production departments. Assembly $1,155,000 Finishing $550,000 Manufacturing overhead costs Direct labor hours Machine hours 11,500 DLH 5,500 MH 19,500 DLH 15,500 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? 0