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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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