A furniture corporation manufactures two models of furniture-Standard and Deluxe. The total estimated manufacturing overhead costs are $64,350. The following estimates are available: Direct materials cost per unit Direct labor cost per unit Number of units Standard $240 Deluxe $290 $120 $140 240 500 The company uses direct labor costs as the base to allocate manufacturing overhead. Calculate the predetermined overhead rate. (Round your answer to two decimal places.) 33.94% 65.13% 191.52% 31.76%