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16.85 is what I got, please help. Harris Fabrics computes its plantwide predetermined overhead rate annually based on direct labor-hours. At the beginning of the

16.85 is what I got, please help. image text in transcribed
Harris Fabrics computes its plantwide predetermined overhead rate annually based on direct labor-hours. At the beginning of the yeat. it estimated 39,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $579,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.00 per direct laborhour. Harris's actual manufacturing overhead cost for the year was $732,573 and its actual total direct labor was 39,500 hours. Required: Compute the company's plantwide predetermined overhead rate. Note: Round your answer to 2 decimal places

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