Renfro Manufacturing identified the following data in its two production departments.
Manufacturing overhead costs:
assembly = $600,000
finishing = $1,200,000
Direct labor hours worked:
assembly = 12,000 DLH
finishing = 20,000 DLH
Machine hours used:
assembly = 6,000 MH
finishing = 16,000 MH
1.What is the company’s single plantwide overhead rate based on direct labor hours (DLH)? (Round your answer to 2 decimal places. Omit the “$” sign in your response.)
2.What is the company’s single plantwide overhead rate based on machine hours (MH)? (Round your answer to 2 decimal places. Omit the “$” sign in your response.)