Carla Vista Manufacturing is a small manufacturer that uses machine hours as its activity base for assigning overhead costs to jobs. The company estimated the following amounts for 2022 for the company and for Job 62:

		Company		Job 62
Direct materials		$ 70,800		$ 5,500
Direct labor		$ 29,500		$ 3,900
Manufacturing overhead costs		$ 95,580
Machine hours		106,200		1,650

During 2022, the actual machine hours totaled 112,100, and actual overhead costs were $ 83,400.

(a)

Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75.)

Predetermined overhead rate

$ enter the predetermined overhead rate in dollars per machine hour rounded to 2 decimal places per machine hour