Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Overhead cost Direct labor hours Machine hours. Assembly 12,300 direct labor hours 5,700 machine hours $ 1,389,900 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? Finishing 19,700 direct labor hours 15,700 machine hours $ 863,500

Rafner Manufacturing has the following budgeted data for its two production departments. budgeted Data. Overhead cost Direct labor hours Machine hours $1,389,900 Assembly 12,360 direct labor hours 5,700 machine hours Finishing 863,500 19,700 direct labor hours 15, 700 machine hours 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? \begin{tabular}{|l|l|l|l|} \hline & 2. What is the company's single plantwide overhead rate based on machine hours? \\ \hline \end{tabular}