Rafner Manufacturing identified the following budgeted data in its two production departments Assembly $1,267,200 Finishing 670,000 Manufacturing overhead costs Direct labor hours Machine hours 12,700 DLH 6, 700 MH 20, 700 DLH 16,700 MH Required: 1. What is the company's single plantwide overhead rate based on direct labor hours? What is the company's single plantwide overhead rato based on machine hours