The manufacturing overhead budget at Polich Corporation is based on budgeted direct labor hours. The direct labor budget indicates that $7700$ direct labor$-$hours will be required in February. The variable overhead rate is $$8\mathrm{.}20$ per direct$($abor$-$hour, The company's budgeted fixed monufacturing overfead is S$112,420$ per month, which includes depreciationof $$18,110.$ All other fixed manufacturing overhead costs represent current cash flows.The company recomputes its predetermined overhead rate every month. The predetermined overhead rate for February should be: