Biggara Building Limited uses a factorywide overhead rate and expect to incurthe following manufacturing costs for the upcoming year: Direct labour $595,000 Direct material $326,000 Overhead $51?,000 Other budgeted data for Biggara Buildingforthe coming year includes: Direct labour hours Machine Hours Expected Production {0 nits) 100,000 Using Direct La bour Hours as the cost driver, calculate Biggara Building's predetermined overhead rate [round answer to two decimal places}