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Rafner Manufacturing identified the following budgeted data in its two production...

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Accounting

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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 $1,190,800 11,900 DLH 5,900 MH Finishing $ 590,000 19,900 DLH 15,900 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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