Exercise 6-40 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 Basic Dominator Total Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs 800 4,700 2.900 1.250 6.800 5,400 $10,900 3.400 $ 14,300 73.200 38,100 11,300 187 218 450 2.100 2 500 Total costs $312.818 Required compule the predetermned overhead rate assuming that Tiger Funishings uses arecr jaoor costs to allocate overhead costs (Round your answer to 2 decimal places.) Predetermined overhead rate %of direct labor cost