es Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 235,200 73,600 $ 80,000 $ 295,200 Product Y Product Z 7,600 40 Number of setups 4,400 120 Number of products 1 1 Direct labor-hours 7,600 4,400 Expected Activity 12,000 MHs 160 setups 2 products 12,000 DLHS Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Plantwide overhead rate per DLH