Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each product line, the controller, Robert Hermann, has developed the following information.

		Car		Truck
Estimated wheels produced		39,000		13,000
Direct labor hours per wheel		1		3

Total estimated overhead costs for the two product lines are $826,800.

(a1)

Calculate overhead rate. (Round answer to 2 decimal places, e.g. 12.25.)

Overhead rate

$enter a dollar amount per direct labor hour rounded to 2 decimal places

per direct labor hour