Tiger furnishings produces two models of cabinets for home theater components, the basic and the dominator. data on operations and costs for march follow: basic dominator total units produced 1,250 500 1,750 machine-hours 4,300 1,700 6,000 direct labor-hours 3,700 1,800 5,500 direct materials costs $ 10,800 $ 4,150 $ 14,950 direct labor costs 74,400 37,400 111,800 manufacturing overhead costs 196,955 total costs $ 323,705 required: compute the predetermined overhead rate assuming that tiger furnishings uses direct labor costs to allocate overhead costs. (round your answer to 2 decimal places.)