Rafner Manufacturing Identified the following budgeted data in its two production departments Manufacturing overhead costs...
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Rafner Manufacturing Identified the following budgeted data in its two production departments Manufacturing overhead costs Direct labor hours Machine hours Assembly $1,155,000 11,500 DLH 5,500 MH Finishing $ 550,000 19,500 DLH 15,500 MH Required: 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
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