The Ramapo company produces two * Question Compleans factured in two departmen bly. Data for the produ listed below. Number of Labor hrs Machine hours Product units Blinks 1,000 Dinks mpletion Staactured Hoduces two products. Blinks spartments Fabrication below the products are d Rer unit per unit 2,000 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $84,000. All of the labor hours take place in the Assembly department, which has an estimated total overhead of $72,000. The Ramapo Company uses a single overhead rate to apply all overhead costs What would the single plantwide rate be if it was based on machine hours instead of labor hours? $9.00 per MH $19.50 per MH $7.43 per MH $4.00 per MH