Rafner Manufacturing identified the following budgeted data in its two production departments Manufacturing overhead costs Direct labor hours Machine hours Assembly $1,218,700 12,200 DLH 6,200 MH Finishing $620,000 20,200 DLH 16,200 MH Required: 1. What is the company's single plantwide overhead rate based on direct labor hours? Estimated overhead costs $ 1.838.700 $ 56.75 per direct labor hour Estimated direct labor hours 32,400 2. What is the company's single plantwide overhead rate based on machine hours? Estimated overhead costs $ 82 $ 1.00 per machine hour Estimated machine hours 82