Question: Problem 1: Rafner Manufacturing identified the following budgeted data in its two production departments. Assembly Finishing Marufacturing overhead costs. Direct labor hours Machine hours $1,200,000

Problem 1: Rafner Manufacturing identified the following budgeted data in its

Problem 1: Rafner Manufacturing identified the following budgeted data in its two production departments. Assembly Finishing Marufacturing overhead costs. Direct labor hours Machine hours $1,200,000 $600,000 2.000 DXH 20,000 DUH 6,000 MH 16,000 MH 1. What is the company's single plantwide overhead rate based on direct labor hours? 2. What is the company's single plantwide overhead rate based on machine hours? (Round your answer to two decimal places Comp acer 8 FMAN

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