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Renfro Manufacturing identified the following data in its two production departments. Manufacturing overhead costs: assembly = $600,000 finishing = $1,200,000 Direct labor hours worked: assembly

Renfro Manufacturing identified the following data in its two production departments.

Manufacturing overhead costs:

assembly = $600,000

finishing = $1,200,000

Direct labor hours worked:

assembly = 12,000 DLH

finishing = 20,000 DLH

Machine hours used:

assembly = 6,000 MH

finishing = 16,000 MH

1.What is the company's single plantwide overhead rate based on direct labor hours (DLH)? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

2.What is the company's single plantwide overhead rate based on machine hours (MH)? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

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