The following data relates to Mangini Company's estimated amounts for next year. 
What is the company's plantwide overhead rate if machine hours are the allocation base? (Round your answer to two decimal places.)
Definitions:
Organizational Structure
is the system of tasks, workflows, reporting relationships, and communication channels that guide the coordination of actions within an organization.
Legal Restrictions
Laws or regulations that limit or regulate certain actions or practices within a society or organization.
Field of Organizational Behaviour
An interdisciplinary field that studies how individuals, groups, and structure affect and are affected by behavior within organizations, aiming to improve organizational effectiveness and employee well-being.
Prediction
The act of forecasting or projecting the future outcome or trends based on current or past data, analysis, or trends.
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