Rafner Manufacturing identified the following budgeted data in its two production departments Manufacturing overhead costs Direct labor hours Machine hours Assembly $1,172,700 11,700 DLH 5,700 MH Finishing $570,000 19,700 DLH 15,700 MH Required: X Answer is complete but not entirely correct. 1. What is the company's single plantwide overhead rate based on direct labor hours? Estimated overhead costs x $ 100.23 1.172 700 per direct labor hour Estimated direct labor hours 11,700 2. What is the company's single plantwide overhead rate based on machine hours? Estimated overhead costs $ 570.000 X $ 36.31 per direct labor hour Estimated machine hours 15,700 X