QS 17-5 Computing departmental overhead rates LO P2 Rafner Manufacturing identified the following budgeted data in its two production departments. Assembly Finishing Manufacturing overhead costs $ 1,200,000 $ 600,000 Direct labor hours 12,000 DLH 20,000 DLH Machine hours 6,000 MH 16,000 MH Required: What are the company's departmental overhead rates if the assembly department assigns overhead based on direct labor hours and the finishing department assigns overhead based on machine hours?

The departmental overhead rate for assembly

The departmental overhead reate for finishing