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The following data relates to Black-Out Company's estimated amounts for next year. Estimated: Department 1 Department 2 Manufacturing overhead costs $ 400,000 $ 560,000 Direct
The following data relates to Black-Out Company's estimated amounts for next year.
| Estimated: | Department 1 | Department 2 | |||||||
| Manufacturing overhead costs | $ | 400,000 | $ | 560,000 | |||||
| Direct labor hours | 65,000 | DLH | 85,000 | DLH | |||||
| Machine hours | 1,500 | MH | 2,500 | MH | |||||
What is the company's plantwide overhead rate if machine hours are the allocation base? (Round your answer to two decimal places.)
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