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The following data relates to Mangini Company's budgeted amounts for next year. Budgeted: Manufacturing overhead costs Direct labor hours Machine hours Department 1 $ 580,000

The following data relates to Mangini Company's budgeted amounts for next year. Budgeted: Manufacturing overhead costs Direct labor hours Machine hours Department 1 $ 580,000 78,000 DLH 3,200 MH Department 2 $ 660,000 88,000 DLH 3,800 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 $146.67 per MH $206.25 per MH $7.47 per MH $53.75 per MH $177.14 per MH O

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