Question: ! Required information Use the following information for the Quick Studies below. ( Algo ) Rafner Manufacturing has the following budgeted data for its two

!
Required information
Use the following information for the Quick Studies below. (Algo)
Rafner Manufacturing has the following budgeted data for its two production departments.
Budgeted Data
Overhead cost
$1,266,900Assembly
Direct labor hours
12,300 direct labor hours
16,300 machine hours
QS 17.7(Algo) Computing departmental overhead rates LO P2
What is the Assembly department overhead rate using direct labor hours?
What is the Finishing department overhead rate using machine hours?
 ! Required information Use the following information for the Quick Studies

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