The following data relates to Black-Out 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:
Multiple Market Segments
The process of dividing a target market into distinct subsets of consumers with common needs or characteristics and selecting one or more segments to target with a distinct marketing mix.
Geographic Markets
Geographic markets are markets defined by geographical boundaries, where businesses target their sales and marketing efforts based on the location of their potential customers.
Mass Customization
The process of producing goods and services to meet individual customer needs with near mass production efficiency.
Made-To-Order
Products or services that are custom-made or prepared specifically to meet an individual customer's requirements.
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