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The following data relates to Mangini Company's estimated amounts for next year. Estimated: Department 1 Department 2 Manufacturing overhead costs $460,000 $540,000 Direct labor hours
The following data relates to Mangini Company's estimated amounts for next year.
Estimated: | Department 1 | Department 2 |
Manufacturing overhead costs | $460,000 | $540,000 |
Direct labor hours | 72,000 DLH | 82,000 DLH |
Machine hours | 2,600 MH | 3,200 MH |
What is the company's plantwide overhead rate if machine hours are the allocation base? (Round to two decimal places.) |
$207.69 per MH
$44.03 per MH
$6.49 per MH
$172.41 per MH
$136.67 per MH
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