Required information Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Assembly Finishing Overhead cost $ 1,366,400 5 837,400 Direct lobor hours 12,200 direct labor hours 19,890 direct labor hours Machine hours 5,890 machine hours 15,800 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? Required information Rafner Manufacturing has the following budgeted data for its two production departments, Budgeted Data Overhead cost Direct labor hours Machine hours Assembly $ 1,366, 480 12,200 direct labor hours 5,800 machine hours Finishing $ 837,488 19,800 direct labor hours 15,800 machine hours What is the Assembly department overhead rate using direct labor hours? What is the Finishing department overhead rate using machine hours? The departmental overhead rate for Assembly The departmental overhead rate for Finishing