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The following data relates to Spurrier Company's budgeted amounts for next year. Budgeted Data: Department 1 Department 2 Overhead costs $ 1,260,000 $ 3,460,000 Direct
The following data relates to Spurrier Company's budgeted amounts for next year. Budgeted Data: Department 1 Department 2 Overhead costs $ 1,260,000 $ 3,460,000 Direct labor hours 548,000 DLH 798,000 DLH Machine hours 98,000 MH 32,000 MH What is the company's plantwide overhead rate based on direct labor hours? (Round your answer to two decimal places.)
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