The following data relates to Black-Out Company's estimated amounts for next yeer 0 Estimated: Manufacturing overhead costs Direct labor hours Machine hours Department 1 Department 2 $340,000 $464,000 62,000 DLH 1,200 ME 82,000 DLH 2,200 MB s6:36 What is the company's plantwide overhead rate if machine hours are the allocation base? (Round your answer to two decimal places.) Multiple Choice $103.33 per MH $236.47 per MH $4.50 per MH $5.48 per MH $154.55 per MH