Question 4 The following data relates to XYZ Company's budgeted amounts for next year. Budgeted Data: Department 1 Overhead costs $490,000 Direct labor hours 72.000 Department 2 Machine hours 2,200 $784,000 DLH 92,000 MH 3.200 DLH MH What is the company's plantwide overhead rate if machine hours are the allocation base? Ground the final answer to the nearest 2 decimal places, Le 20.672 would be 20.67. 2.4555 would be 2.46) 3 pts