Crinkle Cut Clothes Company manufactures two products CC1 and CC2. Current direct material and direct labor costs are detailed below. Next year the company wishes to use a plantwide overhead rate with direct labor hours as its allocation base. Next year's overhead is budgeted to be $399,960. The direct labor and direct materials costs are budgeted to be consistent with the current year. Direct labor costs $20 per hour and the company expects to manufacture 27,000 units of CC1 and 96,000 units of CC2 next year. CC1 CC2 Direct Material per Unit $ 37.60 $ 25.70 Direct Labor Dollars per Unit $ 18.60 $ 15.60 Compute the plantwide overhead rate for next year.