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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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