The following data relates to Black-Out Company's estimated amounts for next year. Estimated: Manufacturing overhead costs Direct labor hours Machine hours Department 1 $640,000 Department 2 $944,000 77,000 DLH 97,000 DLH 2,700 MH 3,700 MH What is the company's plantwide overhead rate if machine hours are the allocation base? (Round your answer to two decimal places.) Multiple Choice O $247.50 per MH $172.97 per MH $112.59 per MH $3.54 per MH $8.31 per MH