Sme Company uttes anomal costing system to determine the cost of the two products manufactures Machine hours is used as me allocation base (court diven for manufacturing overhead as the most significant component of its overhead cost pool depreciation on equipment and the manufacturing buildings Budgeted amounts for the upcoming cument penod related to the company's two manufacturing departments and actual results for the period for the two products it manufactures is as given in the two tables below Budged amount Machine hours M Fixed overhead co Versable overhead cost per Esbrication Department Package Denactment 1600 100 $100,000 $100 $15,000 $0.80 Actusi machine hours used Fabrication Department Packaging Department Alpha Be 25 20 1000 550 If the company uses a plantwide OH application we to alocate Oto jobs calculate that plantwide rate ground your answer to the nearest cent 1214.30 0625