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The following data relates to Coachman Company's budgeted amounts for next year. Budgeted Data: Department 1 Department 2 Overhead costs $ 480,000 $ 688,000 Direct

The following data relates to Coachman Company's budgeted amounts for next year.

Budgeted Data: Department 1 Department 2
Overhead costs $ 480,000 $ 688,000
Direct labor hours 69,000 DLH 89,000 DLH
Machine hours 1,900 MH 2,900 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

$243.33 per MH

$165.52 per MH

$109.47 per MH

$3.84 per MH

$6.96 per MH

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