Exercise 6-39 Predetermined Overhead Rates (LO 6-4) Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow Units produced Machine hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs 1,500 5 600 1800 4500 S 8,500 S 3250 S 11,750 37,600 109,400 153,000 1 200 4,000 2.700 300 1 600 71,800 Total costs Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses drect labor-hours to allocate overhead costs, (Round your answer to 2 decimal places.) per direct abor hour