The following data relates to Coachman Company's budgeted amounts for next year. Budgeted Data: Department 1 Overhead costs $ 320,000 Direct labor hours 61,000 DLH Machine hours 1,100 MH Department 2 $ 432,000 81,000 DLH 2,100 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 $235.00 per MH $152.38 per MH $101.82 per MH $4.68 per MH $5.25 per MH