The following data relates to Mangini Company's estimated amounts for next year Estimated: Manufacturing overhead costs Direct labor hours Machine hours Department 1 $700,000 84,000 DLH 3,800 MH Department 2 $780,000 94,000 DLH 4,400 MH What is the company's plantwide overhead rate If machine hours are the allocation base? (Round to two declmal places.) O $205.26 per MH O $156.67 per MH O $180.49 per MH O $60.59 per MH O $8.31 per MH